back to $1.06 - whew!

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Subject: back to $1.06 - whew!
Manufacturers are saying it is not enough but at least some sanity has returned to the market. Price of oil and gold seem to be the reasons.


[13-11-2007,14:01]
[***.121.220.199]
Sharon
(in reply to: back to $1.06 - whew!)
You can say that again. .90 USD was just mind boggling.
[13-11-2007,16:08]
[**.47.168.9]
Richard
(in reply to: back to $1.06 - whew!)
What about Chavez´s idea of a two type of country price for poorer and one for richer countries. Hard to argue against it if your from a richer country!

As soon as he sells oil for $20.00 US per barrel to one of his neighbors they turn around and sell it to the States for 3 or 4 times that price and still the States would be saving.

Is there madness in his methods???


[14-11-2007,10:26]
[**.55.217.195]
Roy
(in reply to: back to $1.06 - whew!)
Liek many conspiracy theories, I recently heard another one regarding this dollar issue.

This theory says, the recent hike/down of US/cad $ is more artificial to start a similar currency like Euro for US/Canada/Mexcio.

Does it sound reasonable? I´ve no idea about it.

[14-11-2007,12:24]
[***.254.208.242]
Departed_Canadian
(in reply to: back to $1.06 - whew!)
there has been rumours for years on this one. Information I am hearing would suggest Canada would prefer to be tied to the Euro rather than the US dollar

I don´t think Canada is jumping up and down at the prospect.

[14-11-2007,16:21]
[***.121.220.199]
Sharon
(in reply to: back to $1.06 - whew!)
I don´t know the reason of Canada´s inclination towards Euro.

However, personaly I don´t think that day is nearby, either Same dollar or dollar/Euro.

[14-11-2007,17:09]
[***.254.208.242]
Departed_Canadian

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