Re: Changing US/CN Dollar Exchange Rates: Two Predictions

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striketheroot2

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Re: Changing US/CN Dollar Exchange Rates: Two Predictions

in response to

Re: Changing US/CN Dollar Exchange Rates: Two Predictions

kiyakker

posted on Apr 24, 2009 10:50AM

Easy way to remember this - stronger currencies get hurt wrt gold investment. More detail - expenses like local labor get paid with stronger currency (bad), while ounces coming out of ground are worth less Canadian dollars (also bad).