Posts tagged as:

greenback

When To Buy US Dollars and How to Take Advantage of the Canadian-USD Exchange Rate

July 27, 2009 · 9 comments

in Canadian dollar , currencies , exchange rates , financial planning

Once again, the Canadian dollar is climbing back up towards parity with the greenback.   Most recently, it closed at 92 cents on the US dollar.  For Canadians, this is an excellent time to purchase US dollars ahead of any trips you might need to take south of the border.  Many people simply wait until they [...]

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Dollarize The Loonie? I Don’t Think So

January 14, 2009 · 3 comments

in Canadian dollar , US dollar , currencies

James W. Dean argues in today’s Financial Post (article here) that the Canadian dollar should be merged with the Greenback.  Are you kidding me?  That would be like handcuffing someone in a life preserver to a sinking boat. Moreover, Dean has long been an advocate of keeping the loonie separate.  His lengthy three-page article [...]

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30-Yr Bonds: The Next Big Bubble

December 6, 2008 · 0 comments

in Canadian dollar , US dollar , bonds

We thought the sub-prime housing bubble was bad, but recent signs are pointing to the next big bad bubble: long 30-yr US Treasuries.  People are buying these treasuries like gangbusters right now if they’re buying anything at all, because at least you can get a 3% safe return on them, and they’re completely liquid.
But as [...]

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