Canadian dollar tops 82 cents for 1st time since 2017

petros

The Central Scrutinizer
Nov 21, 2008
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So the economy really doesn't matter.

Ok, just checking.
Where did you get that?

Are you thinking our economy is behind the recent rise in the CAD? Where did you get that shitty idea?

Quote the line that says mentions Canada and a robust economy pumping up the loonies.

 
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petros

The Central Scrutinizer
Nov 21, 2008
109,232
11,365
113
Low Earth Orbit
More good but boring news about the economy. For the people here that care about that stuff for some reason..


The loonie is soaring — and it isn't just an oil story

Shop and compare....

10 years ago.

Doctor Copper is dead because copper prices will, in our view, not be leading the ongoing slowdown of the global economy. Investors who use the copper price as a leading indicator for the current business cycle downturn are likely to be disappointed as copper is likely to lag other leading indicators. The reason for this is simple: the physical copper market is tight and has tightened further over recent months. The same is true for oil. The physical crude oil market is extremely tight at present, which explains why crude oil prices have been very resilient despite the terrible newsflow coming out of Europe and fears of a global recession.”
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,778
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It's called the USD is worthless and hyperinflation is coming.. enjoy


Conservatives have said that would happen for 10 years now.

There's always a financial bogeyman that Conservatives use to trick people into giving the rich money.