Where is the US economy going? - Honda Motorcycles - FireBlades.org
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post #1 of 4 Old 10-29-2006, 6:59 PM Thread Starter
 
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Where is the US economy going?

Ok settle down... Didn't mean this as a political thread so phuck off with the partisan bickering!

Just wondering if it would be wise to buy some US currency? The greenback has clawed back a little ground from the loonie in the last few months. I'm wondering if this is a hiccup or the start of a trend?

And then there's this asshole...

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post #2 of 4 Old 10-29-2006, 7:40 PM
 
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Re: Where is the US economy going?

Quote:
Originally Posted by phobiaphobe View Post
Ok settle down... Didn't mean this as a political thread so phuck off with the partisan bickering!

Just wondering if it would be wise to buy some US currency? The greenback has clawed back a little ground from the loonie in the last few months. I'm wondering if this is a hiccup or the start of a trend?
No.

There are much better ways to bet on the US economy than currency. For a lower risk and less volatile return invest in US business (stocks or bonds) or even the government (bonds). Of course I would think that you are already doing that with either US or Canadian equities.

Vote sheep for president in '08

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post #3 of 4 Old 10-29-2006, 8:21 PM Thread Starter
 
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Re: Where is the US economy going?

Ya I've got retirement money stagnating in Canadian equities. (or maybe I'm just impatient) I guess what I'm saying is that if the loonie is back down to 65 cents in a few years I will be kicking myself.

And then there's this asshole...
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post #4 of 4 Old 10-29-2006, 10:28 PM
 
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Re: Where is the US economy going?

How much trust can one really put in a currency called "looney"?
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