快樂牛郎

will you stop all these bull**** if dollar goes back to 1.25 against CAD by August?

快樂牛郎

First of all, CAD is a Petro currency. Its strength is largely correlated with the price of oil.  Oil has shot up from 36 to over 65, hence the recent run-up of CAD agains the greenbacks.

For China, what happens if they don't lend to the US? Then it will be a great depression for themselves.

For US, the possibility of default is certainly possible.  However, I wouldn't bet anything on it to happen within the next 10 years.

快樂牛郎

It's interesting to see how many people listen to these economists and get burned

快樂牛郎

few months later back to PAR
masterbear 發表於 2009/5/30 07:53

1.2 - 1.25 by August

I stand by it

快樂牛郎

I have enough exposure to oil already, so I will just wait and see.

快樂牛郎

So should we buy $US bull etf to make the profit?
peter236 發表於 2009/5/31 14:54

you never listen, do you

快樂牛郎

haha
oh well
one way or another (currency or stocks), the last two months were paradise for bulls