Surging Loonie May Force Canada Rate Hike Sooner Than Planned [View article]
If Canada will be raising interest rates, that should give bit more strength to the Cdn. $
As well, I think Canada's fiscal policies are lot stronger and smarter than that country that exists south of its borders.
Canada's dollar was way over sold in March. It was due to come back. I'm bit surprised as to how long it has taken.
I was shocked, shocked, by some Cdn investment managers going long the US $ in March. What were they thinking?
The fundamentals are there for Canada; the US has a lot more structural problems IMMHO.
To an extent Canada is tied to the US in the manufacturing area, however, Canada has the rich resources and growth capacity.
Given recent strength and action, Cdn dollar could be over brought.
However, given the action of the US government, I think the world is looking for other places to hold their wealth than the US dollar. Therefore, the strength in non US $ currencies and gold.
What’s Behind the Sell-Off in USD/CAD? [View article]
Cdn $ has been oversold, and it is due recovery. Cdn govt is fiscally responsible which is unlike all other national govts. Cda is facing some difficulties which is same as other nations, but IMHO, Cda is in better shape than all others, and has lots of upside. In addition, it has lots of natural resources which will be strong. The current down turn is with its manufacturing base that is tied with the US. However, it take some time for this to be shaken, but long term....not a bad bet.
Another Oversold Watch: Is This One Different? [View article]
I agree for the most part. Expecting a dead cat bounce then a good down leg.
I think given the market conditions, the risks is high for depression. There has been too much credit, and now it looks like pay back time. If this is the case oil can go much lower. Already, oil is coming off its peak due to consumption / demand being reduced. Long term, oil will move up as supply is reduced. But right now, demand is falling.
Given the downward price action of their stock, it would tell that there are some underlying problems with the company which is greater than the higher commodity prices.
I've been lucky having brought in on the coal few years ago with fdg.un on Toronto exchange; nice cash yield and it has doubled since beginning of the year
Brother, Who Can Spare Another Dime for Oil? [View article]
High costs is due to the US people and govt has decided to purchase oil/gas from foreign countries rather than develop their own reserves and energy sources. Higher costs is the result.
Now the US people /govt have decided to convert land from food production to fuel production. So food costs are now increasing.
Is this not what the US people want?
To conserve? It does mean higher costs. See rest the world..
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Latest | Highest ratedSurging Loonie May Force Canada Rate Hike Sooner Than Planned [View article]
As well, I think Canada's fiscal policies are lot stronger and smarter than that country that exists south of its borders.
Canada's dollar was way over sold in March. It was due to come back. I'm bit surprised as to how long it has taken.
I was shocked, shocked, by some Cdn investment managers going long the US $ in March. What were they thinking?
The fundamentals are there for Canada; the US has a lot more structural problems IMMHO.
To an extent Canada is tied to the US in the manufacturing area, however, Canada has the rich resources and growth capacity.
Given recent strength and action, Cdn dollar could be over brought.
However, given the action of the US government, I think the world is looking for other places to hold their wealth than the US dollar. Therefore, the strength in non US $ currencies and gold.
What’s Behind the Sell-Off in USD/CAD? [View article]
More On What Canadian Home Prices Show [View article]
Self-Defeating Stimulus Packages: Retaining Short Bias for S&P 500 [View article]
3 Inexpensive Master Limited Partnerships in Energy [View article]
I would avoid KMP....
Is This the Gold Buying Opportunity of a Lifetime? [View article]
Desjardins Gets Bearish on Fording Canadian Coal Trust [View article]
FDG over $90
Why Gold Stocks Failed (And Why I'm Still Holding On) [View article]
They move with the market. It is not safe.
So hang on to your shorts in this environment!
Another Oversold Watch: Is This One Different? [View article]
I think given the market conditions, the risks is high for depression. There has been too much credit, and now it looks like pay back time. If this is the case oil can go much lower. Already, oil is coming off its peak due to consumption / demand being reduced. Long term, oil will move up as supply is reduced. But right now, demand is falling.
Coeur d'Alene Mines: Compelling Silver Investment [View article]
Given the downward price action of their stock, it would tell that there are some underlying problems with the company which is greater than the higher commodity prices.
It's Not Too Late to Buy Coal [View article]
I've been lucky having brought in on the coal few years ago with fdg.un on Toronto exchange; nice cash yield and it has doubled since beginning of the year
I think one has to buy energy on the dips....
Why You Should Short Companies Doing Share Buybacks [View article]
Brother, Who Can Spare Another Dime for Oil? [View article]
Now the US people /govt have decided to convert land from food production to fuel production. So food costs are now increasing.
Is this not what the US people want?
To conserve? It does mean higher costs. See rest the world..
The US has it easy.
from the UK...
Can Claude Resources Catch Up with Its Peers? [View article]
Desjardins Gets Bearish on Fording Canadian Coal Trust [View article]