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 LATEST TOPICS |  FORUMS » OFF TOPIC » HAPPY DAYS CDN DOLLAR IS ON A TEAR....
Subject: Happy Days Cdn Dollar is on a tear.
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Calypso Jul 12, 2017 11:20 AM Reply | Bookmark
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Cdn dollar up 1.5 cents in a day. 80 cents here we go. Almost at 79 cents.

Topic URL: http://forums.ncix.com/forums/topic.php?id=2758877

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Yoinkerman Jul 12, 2017 11:30 AM Reply | Bookmark
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So if this keeps up retailers will adjust pricing in 2019, I can't wait

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Blacknight3 Jul 12, 2017 11:39 AM Reply | Bookmark
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Quote: (Yoinkerman @ Jul 12 2017, 11:30 AM)

So if this keeps up retailers will adjust pricing in 2019, I can't wait


Unless it goes back down and then it wil be like it never happened. Like gas, the price of oil goes down and it takes forever for that to pass on to the consumer. let it go up though and next day the price of gas goes up and the reason is always because the barrel price of oil went up .

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Mr. Friendly™ Jul 12, 2017 02:35 PM Reply | Bookmark
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go BTC go!!!

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BoredNow Jul 13, 2017 08:43 PM Reply | Bookmark
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Eh, nothing encouraging interest rate went up to support the dollar so it's more of a win loose. Did oil go up I didn't notice I just saw interests rates rise.

I was digging through forecasts months ago and a lot of them were talking dismal until 2020.

Ps, at Friendly I'm being optimistic that this BTC/ETH correction turns around come sept/oct but it's all a gamble I guess.

This message was modified by the poster at 07 13, 2017 08:54 PM

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Calypso Jul 14, 2017 05:47 PM Reply | Bookmark
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Canadians have accumulated more debt (private) than any other western economy. It could be argued that Canada's economy, right now, is 27%-30% based on construction and real estate, which is based on stupid, greedy people buying everything they can get their hands on. Using the "large amount of equity" they just realized after only 56 weeks of being a new homeowner?.....They bought another house.

What could possibly go wrong? Oh but wait. The CDN dollar is up BigTime, over the last 72 hours. CDN Houses are now more expensive to foreign buyers.
....which means a probable cooling of the market, somewhat. Hopefully. Maybe. Cross your fingers. The apparent snail's pace of rising interest rates?
Ha Ha. 0.5%-0.75% increase yty over 4 years = "Good Times Ahead". ......and if you just signed up?.....for a mortgage? Recently?

Ya know? I was a stockbroker for a whole 3 months, right out of high school. Crash of '87 finished my career before it started. My boss told me I had to bring in $500,000.00, or I was gone. I walked away. Now, I'm a carpenter with a self directed RRSP.

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coachmcguirk Jul 14, 2017 07:44 PM Reply | Bookmark
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Yes, our dollar is approaching 80c against the USD and yet retailers like this one continue to shaft consumers on a daily basis by preying on our 'ignorance'. It's really quite astonishing: our dollar goes up and the lag behind the price correction is ever present. It's only when our dollar goes down when we see an immediate cause/effect on prices.

Stay classy, NCIX...

This message was modified by the poster at 07 14, 2017 07:46 PM

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(/) (°,,°) (/) Zoidberg Jul 16, 2017 02:38 PM Reply | Bookmark
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won't change a thing.

prices will remain at less than parity even if it's achieved.

remember country pricing.

This message was modified by the poster at 07 16, 2017 02:38 PM

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adz124 Jul 17, 2017 06:50 PM Reply | Bookmark
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What else is new.

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