Oil&Gas

[cottonpicken]

Are going into lift off mode.
Gold to.
But not the u.s dollar.
Quincedence,I think not.

[cottonpicken]

Wheat is looking good to.

[cowman]

NG at $8.72/mmbtu this morning. Up from $7.72 last friday! Maybe due to winter but nobody was predicting this. Who knows it might be back to $7.72 by next week...but a pretty impressive change?

[wedino]

Gold & oil both up, US$ down, but I don't understand why traders are discounting the Can$.

[cottonpicken]

Yes its odd our dollar hasnt taken off but we had some bogus gdp numbers out today and the bank of canada is talking about cuting rates.
Ngases run has been incredible.

[jensend]

who's our biggest trading partner???? our dollar is tied to the us. if their economy weakens it will affect all our exports including oil and gas.

[cottonpicken]

Canada has surpluses not deficits.
We will be at par by july.

[Cattleman]

Cottonpicken, have you have you forgotten about Eastern/Central Canada? Thats still where most of the people are and things are not so rosey out there. Jobless rate is up. There is a tremendous amount of Canada's commerce with a nation that is struggling. Can't ignore the big picture of Canada.

[cottonpicken]

i'm not ignoring them.Did you not know the 70's was recessionary for those parts of canada.
Canadian manufacturing is dead in the water.