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Wednesday, March 18, 2009

Loonie leaps to three-month high on Fed boost

Canadian $ should be doing better than the US $....US is printing more of it to "solve" their financial and economic problems. Really now, will that work....is it that easy of a problem to solve? I think we all know where this will go and its results. See comments made by Jim Rogers. Get ready!

Canada's dollar jumped to the highest in three weeks after the Federal Reserve said it will purchase US$300-billion of longer-term Treasuries, sparking concern the central bank is debasing the world's reserve currency.

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