Canadian Dollar at Parity With Greenback

Come on down WWW and get some cheap American goods.

http://kevxml2a.verizon.net/_1_26FVT...&feed=ap&top=1

Come on down WWW and get some cheap American goods.
Thanks. I was just down last week and bought some antique glass for
a project that cost me about what it would have here had it been available.
Also a cotton shirt and a 2-4 of Grain Belt. We are allowed to bring $200
Canadian worth back across after a 48 hour stay.
American goods, now... I am not so sure. I mostly saw Chinese,
Turkish, and Indian products
Been a long time since we saw the like. Over 30 years. Tour
packages to the States are a hot ticket. Grand Forks, ND a mere two hour
drive south for Winnipeggers is gearing up for jingling cash registers after
a 30 years dearth of Canadian shoppers and the flood that knocked them down
for a bit. Not so good for Canadian manufacturers who really enjoyed the
lower value loonie. I had several good eBay years back when the Canadian
dollar was 55 cents flabby now it isn't worth my time. I think I quit when
our dollar got to the 80 cent mark. Good time to buy now though.

On Thu, 20 Sep 2007 15:03:05 -0700, ticktock wrote:


Come on down WWW and get some cheap American goods.

http://kevxml2a.verizon.net/_1_26FVT...&feed=ap&top=1 snip

Aye, a thrrrrrrrrrifty bargain now! Except...there ARE no US goods to
buy anymore. It's all cheap Chinese crap, propped up price-wise by
the worthless Chinese Yaun.

I'm SOOOO glad I dumped all my US dollars back when Bush's ruinous
economic policies were obviously tanking the US economy and the US$,
especially his laissez faire attitude with the predatory Chinese and
their sinking Yaun. Now, with all that appreciation of the C$, it's
like having a savings account that paid me 50%...and with absolutely
no risk! The only extra downside, other than the usual taxation, is
the conversion costs when reconverting back to US$...whenever that
happens, but that'll be a point or less...a pittance when considering
a 50% rise in value. All this without the risk and fraud of Wall
Street!

I was able to offset all of the depreciation of my real property in
the last six months, while others are going "upside down" on a daily
basis. Not to worry...it'll come back...evenutally...but it's going
to be a rough ride for most, and it's expected to get a lot worse,
except for the very rich...and the smart. Again, thank Bush for his
laissez faire policy regarding the mortgage industry..."deregulation"
proves to be a mistake once more. Making loans to ghetto trash and
illegals who have no business buying a home under any circumstances is
NOT sound lending policy, and should have been curtailed by Federal
regulators long before the whole industry went into this unprecedented
meltdown, the worst we've seen in US financial institutions since the
Great Depression. The "sub-prime mortgage" fiasco can be traced
directly to Bush's "ownership society" scam...another reason why the
GOP will go the way of the Whigs after '08...fiscal irresponsibility.

So, with a fistful of C$, I've managed to offset the depreciation on
my real property with Canadian prosperity, while those who "believed"
in the US$ are in bad shape. Can't say they weren't warned...Carter's
Treasury Secretary perfectly predicted this exact scenario on the
McLaughlin Group some time ago, as I related in this group when it
happened.

I figure I could get a lifetime's worth of crullers and coffee at Tim
Horton's at this rate...and maybe buy a few franchises while I'm at
it! Maybe I could go partners with Mr. Guess Who on some Salisbury
House outlets around Winnie! Or, buy a fleet of beer trucks! Beauty,
eh?

I wouldn't be sinking any new capital into C$ right now, though.
Historically, when the C$ passes par with the US$, there is
significant resistance to any further deflation relative to the US$.
Another one where there's still room to make some appreciation: The
AU$. No worries, mate!