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標題: Will CAD > USD this year??? [打印本頁]
作者: ACC-HE    時間: 2009-9-25 15:25     標題: Will CAD > USD this year???

still 1CAD => 0.9xUSD....

Any chance of going back to par this year?
作者: peter236    時間: 2009-9-25 17:17

If China starts dumping $US then the $US will go even lower.
作者: Lik    時間: 2009-9-25 18:09

Don't be stupid la. If the USD totally goes down the drain, China will suffer just as much as the US.

Aside from the States, the last country that wants to see the demise of the greenback is China.

-Lik
作者: sheep    時間: 2009-9-25 19:08

If China starts dumping $US then the $US will go even lower.
peter236 發表於 2009-9-25 18:17

exactly what the US wants china to do
作者: Catpiano    時間: 2009-9-25 19:41

I dont think so la..

hope not la..
作者: peter236    時間: 2009-9-26 09:09

本帖最後由 peter236 於 2009-9-26 10:11 編輯

Actually, according to the experts, if China stops buying $US or buys less, the $US will crumble.
According to the experts, instead of buying $US, China can use the excess cash for investing into healthcare and education sectors. As a result, healthcare and education sectors will generate more GDP growth in China, and therefore reduce the proportion of GDP growth from exports.
When that happens China does not need to care too much about the rising Chinese currency's effect on the exports.
作者: Lik    時間: 2009-9-26 09:52

Again, don't be stupid and think a little sin la.

China has around $800 BILLION worth of loan to the US. Any dramatic devaluation to the USD will cause significant losses to China. How much extra GDP would China need to generate in order to just balance that loss to USD devaluation?! Again, don't be stupid la.

It is in China's interest to gradually shift its foreign investment dependencies on the USD so that it wouldn't be as prone to USD fluctuations. It is also in the US' interest to let the USD devalue a bit (but not too much) to help itself with exports and to allow the debt to grow smaller in real terms.

In the foreseeable future, the USD is still the most dependable currency and investment shelter in the international market even though it is losing ground. As the economy recovers, however, investors are gonna withdrawl from investing in the currency and re-divert them to something real, and the USD will devalue a bit. As to how long this will take and what level it'll reach, I don't think any analyst will have a concrete idea.

-Lik
作者: peter236    時間: 2009-9-26 10:52

China will only dump their $US gradually. So we are in agreement on this point.

But we should not under-estimate China investment in their healthcare and education system. As we all know, in US/Canada, the government spends 10-15% of GDP on health care. If China spends 15% of their GDP on healthcare, that is already a few hundred billion worth of GDP each year. Now, the $800 billion worth of US treasuries that China owns can easily be replaced over a number of years
作者: Lik    時間: 2009-9-26 10:57

Gesh... do you know any English at all? If it is being done gradually, it is not "dump" la...

But what can I expect from some 50 cents idiot?

-Lik
作者: 快樂牛郎    時間: 2009-9-26 11:56

Just to illustrate, US "gained" over 1.5 trillions last year due to the depreciation of USD
作者: shutterbug    時間: 2009-9-26 12:26

Cad$ goes up if oil goes up...I we have another war next year then cad$ should worth more than US$. Otherwise, if nothing major happens，it will be at most parity. Thats just my guess...if I really know I'll be rich la. Haha
作者: peter236    時間: 2009-9-26 20:54

Gesh... do you know any English at all? If it is being done gradually, it is not "dump" la...

But what can I expect from some 50 cents idiot?

-Lik
Lik 發表於 2009-9-26 11:57

wow, another unwarranted attack from our 50 cents know-it-all Lik.
What can we expect, from Lik who is running out of arguments?
作者: pkphilip    時間: 2009-9-26 23:21

It will never happen as strong CAD is not good to Canada economy itself. We are an exporting country, expensive CAD means no one buys our stuff.

Bank of Canada and the US Federal Reserve will try their best to prevent that to happen.

Philip
作者: ACC-HE    時間: 2009-9-27 10:09

... sigh.. we already ran out of lumber to export... all beetles infested.
作者: Lik    時間: 2009-9-27 11:34

... sigh.. we already ran out of lumber to export... all beetles infested.
ACC-HE 發表於 2009-9-27 10:09

Only if the lumber industry can't figure out how to harvest and process beetle-infested trees. A small number of lumber companies has the technical know how to do that, and they are not affected.

-Lik
作者: BiscottiGelato    時間: 2009-9-28 11:45

Cad$ goes up if oil goes up...I we have another war next year then cad$ should worth more than US$. Otherwise, if nothing major happens，it will be at most parity. Thats just my guess...if I really kn ...
shutterbug 發表於 2009-9-26 12:26


War in the Middle East will boost oil. But war in general actually boost USD due to flight to a 'safer' investment aka. T-Bills, etc... Think North Korea... Iran isn't a huge oil exporter either, are they?
作者: 快樂牛郎    時間: 2009-9-28 11:47

War in the Middle East will boost oil. But war in general actually boost USD due to flight to a 'safer' investment aka. T-Bills, etc... Think North Korea... Iran isn't a huge oil exporter either, ar ...
BiscottiGelato 發表於 2009/9/28 11:45


Not a huge exporter yet but they claim they have more reserve than Saudi does
作者: blowfish    時間: 2009-10-5 10:25

.. sigh.. we already ran out of lumber to export... all beetles infested.

I think is the other vay around, Uncle Sam ran out of real money. Cant even give away there existing houses, so why need to build more new houses?
Their existing houses were on fire sale and no takers yet.

Uncle Sam's Christmas wish list.
Please God pray for Middle Kingdom to buy more of our whatever.


The dead tree can be used to generate power, but cost a lot of $$ to build Co-Generation plant. Not something we can build in our little backyard.

CAD$ wont go higher anyways.

Uncle Sam trying to boycott our Oel from Tarsand, as they say is dirty oel. Using Gold to make copper.
作者: peter236    時間: 2009-10-6 17:01

Canadian $ is rising again.
作者: peter236    時間: 2009-10-14 01:05

How high will Canadian $ rise?
作者: yoursecret    時間: 2009-10-14 16:28

parity is a foregone conclusion now, the question is when and how high. Obama seems happy to let the US dollar slip lower in order to boost export and create more jobs. While the good news keep coming in Canada, the only exception is the manufacturing sector. The Canadian dollar is also doing well against other currencies like Euro, Yen.
作者: Catpiano    時間: 2009-10-14 20:49

bought some US $ last few weeks ...  
作者: Littleprince    時間: 2009-10-15 10:04

bought some US $ last few weeks ...  
Catpiano 發表於 2009-10-14 21:49

無需要呢個表情丫。。。若果你成日去美國或者亞洲玩﹐分段買係正確做法﹐而現在這個價位﹐的確係入市好時機﹐繼續逐D逐D買喇
作者: fibbi    時間: 2009-10-15 10:15

I bought some last week too...
Hope it'll go over $1 real soon...planning for US trip!
作者: Catpiano    時間: 2009-10-15 10:32

無需要呢個表情丫。。。若果你成日去美國或者亞洲玩﹐分段買係正確做法﹐而現在這個價位﹐的確係入市好時機﹐繼續逐D逐D買喇
Littleprince 發表於 2009-10-15 11:04



But I paid higher then now ar ma ..

Still, it is NOT good for our country .. when US $ is so low ..  it is good for US to export ..  but .. it will kill many business in Canada ..  

We went to A & F on the weekend, their price is always good .. however, when we look at their price tag this time ...    Somehow, they show both Can $, and US $ ..  for example, $30US/$40cad, $69US/89cad, $80US/$110Cad ...  still 30-40% higher ...
作者: peter236    時間: 2009-10-15 10:57

bought some US $ last few weeks ...  
Catpiano 發表於 2009-10-14 21:49

Do you guys buy $US for investment purposes or just for shopping in the US?
作者: Catpiano    時間: 2009-10-15 11:14

Do you guys buy $US for investment purposes or just for shopping in the US?
peter236 發表於 2009-10-15 11:57


Shopping, from BH/ebay etc ..  

Better exchange rate then using the paypal exchange rate. ( ie: paypal always cost 3-4% more )

So, better use US credit card to pay.
作者: peter236    時間: 2009-11-14 01:28

Should we buy more $US now?
作者: shutterbug    時間: 2009-11-14 10:25

Why?  Looks like US will stay low interest rate for a long time. Better to invest in quality stocks.



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