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The US dollar worth less than Canadian dollar?

Discussion in 'Money Talk$' started by James_Newman, Jul 24, 2007.

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  1. James_Newman

    James_Newman New Member

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    http://biz.yahoo.com/ap/070723/dollar_gold.html?.v=6
    Is that what this says? That was the title of the link I saw , but I think we are still up 4 cents on em?
     
    #1 James_Newman, Jul 24, 2007
  2. Analgesic

    Analgesic New Member

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    Yes, that's what the .04 means.
     
    #2 Analgesic, Jul 24, 2007
  3. Magnetic Poles

    Magnetic Poles New Member

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    Almost time to cash out those greenbacks and get some loonies!
     
    #3 Magnetic Poles, Jul 24, 2007
  4. rbell

    rbell Active Member

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    yup...worked well for our high-schoolers this past week in Ontario.
     
    #4 rbell, Jul 24, 2007
  5. rsr

    rsr <b> 7,000 posts club</b>
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    At the time of that quote, the Canadian dollar was worth 95.9 cents U.S.

    $1 / 1.0431 = $0.95.9
     
    #5 rsr, Jul 26, 2007
  6. StefanM

    StefanM Well-Known Member
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    Which means Canadians are getting ripped off on books!
     
    #6 StefanM, Jul 26, 2007
  7. DHK

    DHK <b>Moderator</b>

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    Perhaps they simply have a "wait and see" attitude toward the exchange rate.
    But the consumer says: I have waited, have seen, and have seen enough!
    So now the retailer is getting "ripped off" or facing his own demise.
    Cross border shopping is going up at exponential rates.
     
    #7 DHK, Jul 27, 2007
  8. KenH

    KenH Well-Known Member

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    It is so sad to see the death of the U.S. dollar. But that is what happens when the Federal Reserve has been following a profligate money supply policy for quite a while.
     
    #8 KenH, Jul 27, 2007
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