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The US dollar worth less than Canadian dollar?

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

  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?
     
  2. Analgesic

    Analgesic New Member

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    Yes, that's what the .04 means.
     
  3. Magnetic Poles

    Magnetic Poles New Member

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    Almost time to cash out those greenbacks and get some loonies!
     
  4. rbell

    rbell Active Member

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    yup...worked well for our high-schoolers this past week in Ontario.
     
  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
     
  6. StefanM

    StefanM Well-Known Member

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    Which means Canadians are getting ripped off on books!
     
  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.
     
  8. KenH

    KenH Active 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.
     
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