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Old 11-07-2007, 12:39 PM   #1
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Default CDN $ opens at $1.09 trading at $1.10!!

Sweet mother moses, the cost of oil per barrel is in the high 90's, probably going to crack the $100 a barrel mark. This making the CAD dollar spike up as well as the lack of confidence in the US dollar from foreign markets.

I wish the Bank of Canada would lower interest rates, but they don't want to be responsible for a unnatural rise of inflation.

I will have the make the most of it and do some online shopping and buy a few things while in LA, perhaps some new Golf Clubs.
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Old 11-07-2007, 12:45 PM   #2
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Unfriggin believable - I have to change my CA money over to American for LA trip - going to loose alot.
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Old 11-07-2007, 01:53 PM   #3
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What more can be said about this other than it sucks... and badly.
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Old 11-07-2007, 03:50 PM   #4
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ouch... Dammit I'm getting screwed up the ass on this one.
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Old 11-07-2007, 03:57 PM   #5
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The Bank of Canada is supposed to lower the interest rates by a quarter of a point pretty soon.
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