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    Canadian dollar

    Shouldn't it be going up with oil price???

    #2
    Billion dollars just flew out the window to ???
    Ukraine?

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      #3
      Originally posted by Robertbarlage View Post
      Shouldn't it be going up with oil price???
      Currently flight of safety to usd is stronger then the positive oil values/comoddity play.

      Cad will go straight up eventually. I thought we would see $100 oil eventually anyway. But man is it getting run up fast. Crazy. Dollar will eventually get back to the "buying boats in the USA level"

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        #4
        USD is setting up for a move into 1.294 - 1.303


        Click image for larger version

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          #5
          Did the CAD gap lower this morning?

          Looking at D6J22(April), where can we find support?

          Remember the dropping CAD, when looking at basis and net returns!

          77.595

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            #6
            Don’t want to be political, but our prime minister’s lack of support for Canada’s energy industry speaks volumes to the international investor.

            Comment


              #7
              The word is out.
              Any major project to develop natural resources gets what is called "the slow walk". They dont say no. They just make it take forever till you can't burn any more money.
              Bad business.
              Bad Government
              Bad economy
              Country goes down the shithole.

              The world needs our resources. O&G,mining,forests,hydro,carbon sinks,full ag production including livestock,everything.

              But we want to be the most virtuous.
              And nobody is buying that.

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