Quote:
Originally Posted by Slava
I want to say that I have no idea. I don't really consider buying and selling currency equivalent to investing. Its more of a guess as to whether the CAD has reached its pinnacle and will start to lose value. Most "experts" are saying that we'll reach parity which makes some sense. In the long term I would guess that the USD will be back to its former value and the CAD will be closer to $.80 but in the near term its hard to know.
If you want to PM me an email address I will send you an article that I wrote on this (currency and investing), but I would rather not post that.
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Just buy Slava a tequila shot.