The Mudcat Café TM
Thread #128160   Message #2866172
Posted By: gnu
17-Mar-10 - 01:36 PM
Thread Name: BS: Canuck dollar
Subject: BS: Canuck dollar
So... at $0.99US, if I can buy and sell at a spread of $0.06 ($0.0625 today), with today's buy of $1.04, when the US spring crops begin shipping and the Canuck dollar falls to a low within 6 months, barring a war between the USA and Iran and/or Korea and/or..., every penny below an exchange rate of $0.93 is a two percent annual rate of return on my money.

I wish I had some money. Can anyone spot me an inch of thousands?