Re: Brink's money talks.

["Roland Moore" <nospam@xxxxxxxxxx>]

> Your man, Dubya did that to you.

Well is you read stories like the one below it will reinforce your take on
it.
http://biz.yahoo.com/cnw/071015/cibc_wm_1_05_loonie.html?.v=1

However the more likely reasons are located in articles like this.
http://www.bellinghamherald.com/business/story/186673.html

Paul Storer, professor of economics at Western Washington University, said
the loonie has been gaining strength thanks to the classic supply-and-demand
aspect of worldwide resources.
?The amount of money going into Canada is going up,? Storer said. ?There is
a great demand on Canada?s export commodities.?
Canada is a large exporter of oil and copper, iron and other metals used for
energy, transportation and construction around the world, Storer said, and
demands for these have been increasing.
He also said the more stable Canadian interest rates, compared to the recent
cuts by the U.S. Federal Reserve, puts it at a relatively stronger dollar
value.
But the loonie?s rise won?t go much higher, Storer predicted. And it
probably won?t stay this close to the U.S. dollar for long ? maybe five to
10 years, he said ? because Canada?s economy isn?t as competitive in the
long run with this high of a value.



"Robert L Bass" <RobertLBass@xxxxxxxxxxx> wrote in message
news:nrXRi.12213$0k2.10525@xxxxxxxxxxx
> >> You know that's about $3, right.
> >
> > Not anymore, thats about $52.00 USD
>
> Your man, Dubya did that to you.
>
> --
>
> Regards,
> Robert L Bass
>
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