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10-09-2008, 07:51 PM
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#21 (permalink)
| | Platinum Lifetime Member
Name: Roy Last Online: 12-02-2008 07:09 PM Join Date: Jul 2006
Posts: 2,359
DNF$: 100 Location: Canada eh?
Country: 
| Dropped hard again today because of commodities. Our banking system is sound though - so that's a good sign going ahead.
OPEC reducing supply could help slow the slide.
@pcproffenno - at least your government takes a larger share of the oil pie. Our provincial governments have sweetheart deals for the oil companies and Alberta alone should have an oil fund larger than the Norwegian one but they just give it away. | 
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10-09-2008, 09:51 PM
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#22 (permalink)
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Last Online: Today 01:36 PM Join Date: Jan 2007
Posts: 1,040
DNF$: 71 Location: Canada
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| geesh Canadian dollar was down over 2cents today at one point...now its down 1.09 | 
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10-09-2008, 10:49 PM
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#23 (permalink)
| | I love Domains!!
Last Online: Today 09:42 AM Join Date: Apr 2008
Posts: 103
DNF$: 3,634 Location: Ottawa, Canada eh?
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| Am I the only one getting paid for ppc by DS, TZ, Skenzo in U.S Dollars?
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ChocolateCandy.com Banks.ca | |
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10-10-2008, 11:00 AM
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#24 (permalink)
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Last Online: Today 01:36 PM Join Date: Jan 2007
Posts: 1,040
DNF$: 71 Location: Canada
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| Canadian dollar down over 2.5 cents again today ... dollar under .85 | |
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10-10-2008, 11:43 AM
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#25 (permalink)
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Last Online: Today 01:06 PM Join Date: Nov 2007
Posts: 2,573
DNF$: 20 Location: Toronto, Canada
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| Oil down also..at $81 a barrel.
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10-10-2008, 01:20 PM
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#26 (permalink)
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Last Online: Today 01:40 PM Join Date: Mar 2005
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DNF$: 6,569 Location: BeeCee
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| hard to believe it's under .85 ... but just saw it on Yahoo finance. I think it has to do with how hard oil is dropping. I hope gas prices come down as much. | |
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10-10-2008, 01:25 PM
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#27 (permalink)
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Last Online: Today 01:06 PM Join Date: Nov 2007
Posts: 2,573
DNF$: 20 Location: Toronto, Canada
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| Maybe people will not think i'm completely clueless...when i first mentioned in this thread that OIL and CAN dollar are correlated.
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Stie.com - For Sale! | |
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10-10-2008, 04:15 PM
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#28 (permalink)
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Last Online: Today 01:36 PM Join Date: Jan 2007
Posts: 1,040
DNF$: 71 Location: Canada
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| Good News: Bad News:
 Bad News: Canadian dollar was down 4.5cents and hit its lowest rate in 3 years under .83cents
Good News: it's only down 4 cents now   I give | |
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10-10-2008, 04:23 PM
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#29 (permalink)
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Name: Jim Last Online: Today 12:28 PM Join Date: Jul 2004
Posts: 3,384
DNF$: 5,025 Location: You know, that really really hot place at the core of the planet
| The sky is falling...The sky is falling...
__________________ Real character is doing the right thing even when no one is looking.
The harder I work...the luckier I get 
Sometimes I feel like I'm in a battle of wits with unarmed opponents  | |
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10-10-2008, 04:36 PM
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#30 (permalink)
| | DNF Member
Last Online: Today 01:36 PM Join Date: Jan 2007
Posts: 1,040
DNF$: 71 Location: Canada
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| lol  | |
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10-10-2008, 05:14 PM
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#31 (permalink)
| | Platinum Lifetime Member
Last Online: Today 12:45 PM Join Date: Aug 2006
Posts: 378
DNF$: 466 Location: Sunderland
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| A low Canadian dollar is good for Canada - when there was a 12cent difference and I was in US trade shows - there was lot's of us Canadaians hocking products there - the 12% exchange added to the margins
Unfortunatly this only works if the US is buying? | |
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10-10-2008, 05:39 PM
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#32 (permalink)
| | DNF Member
Last Online: Today 01:36 PM Join Date: Jan 2007
Posts: 1,040
DNF$: 71 Location: Canada
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| I agree... a low Canadian dollar is usually very good for the country... but I dont think it will make a big difference heading into this economy (worldwide recession) ...
*This was history making day for the Canadian dollar. Largest drop ever | |
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10-14-2008, 08:41 PM
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#33 (permalink)
| | Platinum Lifetime Member
Last Online: 10-30-2008 02:22 PM Join Date: Mar 2008
Posts: 26
DNF$: 710 Location: Ontario, Canada
| Quote:
Originally Posted by theinvestor  Maybe people will not think i'm completely clueless...when i first mentioned in this thread that OIL and CAN dollar are correlated. | heh...no worries investor, I was with you from the beginning. 
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"Success is a lousy teacher. It seduces smart people into thinking they can't lose." (Bill Gates) | |
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10-14-2008, 09:34 PM
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#34 (permalink)
| | Platinum Lifetime Member
Name: John Sanders Last Online: Yesterday 08:47 PM Join Date: May 2007
Posts: 862
DNF$: 1 Location: San Francisco
| $ will be at all time lows in next 2-3 years
You cant print the obscene amounts of dollars that the Fed is printing w/o it having an effect on the price of the $ | |
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