This is it gentlemen! Batten down the hatches!! Big moves ahead

Quote from bhardy307:

Go look at what happened during the banking crisis. Keep in mind that the US markets are closed today. Also, the Middle East crisis isn't large enough yet to cause a real panic and a rush back to the US dollar.
More...

Since the banking crisis, it has become quit clear Canada is a pocket of strength in world banking. The $CDN reflects that reality. What I am clearly telling you is if the $US improves you might very well find that shorting the $CDN at the same time makes it a flat to losing trade. So what would be the point ?

What you are saying is there is going to be a massive panic whereby people holding $CDN are going to get scared and sell them in favour of $US ? Please, it makes zero sense for this year
( omg omg I have $CDN and Canada's in a shambles ... wow ... please someone take this paper off my hands; I need some of that scarce $US that is in short supply ).:D
 
Quote from Unquestionably:

OP has it right. Chart is screaming $1 CAD = $1.1x USD by the end of the year.
More...

US and Canadian Markets are closed today, guys. Tomorrow, when they are open, Short CAD, Long USD. Americans will be playing catch-up. This is USD bullish.

"( omg omg I have $CDN and Canada's in a shambles ... wow ... please someone take this paper off my hands; I need some of that scarce $US that is in short supply ). "

Actually, it is the Americans who panic, and sell their international shares. This increases demand for US dollars. The US may be in trouble, but it is still the largest market on the planet.
 
Quote from Unquestionably:

Precisely! They don't call the CAD the "petrodollar" for nothing. Turmoil in Egypt = oil supply disruption.
More...

If the Middle East "Caldera" truly erupts, there will be massive rush back to the US dollar. Actually, because oil is priced in US dollars, this will put a drag on the price of oil. Again, you saw this during the last "real" crisis.
 
Quote from athlonmank8:

Well, there's no rush right now. Does that surprise you?
More...

Tomorrow, I bet that you will see an early trading day surge on the TSX, followed by a flat to lower day when the price of oil settles back down again. The Canadian dollar will be down, and the US dollar will be up by the end of the day.

I don't count today. It is a holiday. President's Day/Family Day.
 
Quote from bhardy307:

If the Middle East "Caldera" truly erupts, there will be massive rush back to the US dollar. Actually, because oil is priced in US dollars, this will put a drag on the price of oil. Again, you saw this during the last "real" crisis.
More...


Supply shortages, if they materialize, will render US dollar link to oil irrelevant. The price will blast through $150/bbl. so fast your head will spin and eyeballs pop out of your head.
 
Quote from Larson:

Supply shortages, if they materialize, will render US dollar link to oil irrelevant. The price will blast through $150/bbl. so fast your head will spin and eyeballs pop out of your head.
More...

At first. However, stock markets will also crash. There will be a rush into cash. This will drive the USD up. The rise in the USD will be a much faster rise than any benefit Canada might get from an increased price of oil. There will be panic in Canada as well, collapsing our stock markets. All of this fear will be CAD bearish, not bullish.
 
War is inflationary. More debt, more money printing, more government spending on missiles and defence, good for many companies, bad for individuals.

So in fiat money terms you might see stocks rise.
 
You must log in or register to reply here.
Back
Top