Canadian Dollar, eh

[drew_goring]

Any of you guys keeping track of this? They are predicting (conservatively) par by 2008.

Today I think it closed at around 95 cents. Still sucks how we are paying about 30-40% more for cars and other things. I hope it stays this high for next year when I am in a better position to stock up on smokes.

[Kass]

Yeah! I took out some american cash yesterday and I think it was at 43.5 (EDIT: 93.5) or something close to that.
Going cigar shopping in NY this sunday!

[Newfie]

Being so close to the USofA, and in Deeeeee-Troit weekly I pay quite a bit of attention to it. The Bride works in a bank, so we get a percent and a bit discount. The cheapest I've seen it for us was less than 2% a couple of weeks ago. We've started to put some money away in the US account for days when it changes (and it will).

[drew_goring]

http://ca.news.yahoo.com/s/reuters/0...llar_bonds_col


30 year high. Getting close!

Hopefully it stays relatively high for the next year when I start doing some traveling.

96.68 USD.

[Kass]

This will be great for my raod trip. Maybe itll give me an extra week in the states!

[cigar no baka]

The US dollar will keep sinking as long as we keep our record-setting deficits. As more and more bonds ae issued to keep our deficit spending up, the dollar will continue to weaken. So I think the Canadian dollar will soon be worth more than the US dollar.

As soon as we quit deficit spending, this will reverse, but it will take a lot of time for our politicians to get enough guts to cut spending enough to bring our national budget into balance.

[Smoked!]

PAR! Well, par + .001 on my datafeed.

And a new high on the Euro to boot (if you ignore the synthetic pricing from the '90's).

Mmmm... massive national debt.