Re: Splits (OT)
in response to
by
posted on
Mar 17, 2008 08:31AM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
US interest rates could go down a full percentage shortly. Would that not mean that the US dollar will go down also i.e. C$ up? Expect shortly there after for B of C to also lower their rate to keep the Loonie form rising too much relative to US.
So Moose & SplitS, buy dollars before the canadian interest rate drops, when ever that will be, jmo.
Good luck and good weather to ya.
Re, US/Canuk economy and dollars:
Harper appoints a US (Goldman Sachs) governor for BofC and is willing to let the Loonie slide with the Greenback for the Ontario and Quebec manufacturing sector but not support it for the resources sector, mainly oil. A strong Loonie should be ok, what Ontario looses, Alberta and the rest of the resource sector gains and should make up the difference.
This is a prime minister that was supposed to be western minded backing Alberta and it's practices all the way. Seems hypocritical because he does not support Alberta at all but uses it as a front.
He obviously does not support Ontario if his rhetoric means anything.
He must be backing the Bush administration and in particular the big business behind it. Amero and a fuller integration of the two economies (American colonialism) is in order as long as Harper is in power.