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Re: Forum gossip thread by Frood

Speaker of the House Kevin McCarthy Ousted

Started by JOE, October 03, 2023, 09:55:47 PM

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DKG

Quote from: JOE on October 04, 2023, 11:07:47 AMYeah, and you know what that means, eh DKG?

The Canadian dollar will continue ta drop in value against the US$.

I haven't forgot the days of 60 cent dollars which often happens when times get bad and when we go inta recession, eh?

So it makes sense to buy gold since it's priced in USD.

If the Canadian dollar gits hammed the value of the gold stays constant in ANY currency no matter what happens to the National Currency, eh?
As much as I liked the economic priorities of the Chretien/Martin years, they did all they could to keep the Canadian dollar artificially low and exports high.

In recent history, the CDN $ is highest when there is a Conservative or PC federal government and a Dem president.

Lokmar

Quote from: JOE on October 04, 2023, 10:54:03 AMI'm gonna buy 10 more ounces of Gold....and Platinum too....Lokmeer!

Hell's a comin' to yer country, Bud!

We all gotta prepare fer Armageddon in America!

Keep doing a good job storing up wealth for me josephine......:evilthoughts2: