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<p>[QUOTE=&quot;900fine, post: 601974, member: 6036&quot;]That&#039;s what people said nine months ago, and they were wrong. There was a time, not long ago, when Canadian &quot;smaller dollars&quot; were actually worth slightly more than US dollars.</p><p>&nbsp;</p><p>But in the last nine months, the American dollar reached a high of $1.306 vs Canada.</p><p><br /></p><p>So what do you do when you&#039;re &quot;worried&quot; about the weakness of the Canadian dollar ? What did you do when a US dollar bought $1.30 Canadian ?</p><p><br /></p><p>Yes, things cycle up and down. When I look at the overall trends and the current price of $1.09, one thing is irrefutable : the US dollar is much lower than <i>average</i> vs Canadian &quot;smaller dollars&quot;*. If I were a worrier, which I&#039;m not, I would bet on US dollars. Buy low, sell high !</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p>&nbsp;</p><p><font size="1">* Interbank rates; 270 day <b>avg</b> = $1.201, <b>high</b> = $1.306, <b>low</b> = $1.0295</font>[/QUOTE]</p><p><br /></p>

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