Quote:
Originally Posted by TRIPLE E
From the looks of the Canadian dollar Canada is doing a pretty good job standing on it's own.The US on the other hand.... well
|
The Canadian loon is close to achieving parity with the US dollar for the first time since November of 1976. Did you get that? For thirty years Canadian dollars and Pesos couldn't buy a "drab" American dollar.
We can make it clear with a single question. If you are to be a given a bond with a twenty year maturity date. Do you want it in US dollars or Canadian loons?