Quote:
Originally Posted by Erick Estrada
Disingenuous? Is it or is it not predicted to drop into the $0.80's? I don't think we will see a $0.70 dollar for a long time but even a few cents on the dollar lost is a lot of money in the big picture. All I'm saying is that is that the value of the Canadian dollar plays a big role in league revenues. When the dollar drops so does the revenues of the Canadian teams which have led the league over the past decade.
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Well yeah, but I think that's all any of us are saying. A few cents is a big difference, so saying 80's is a little sketchy, as that's a wide range. And it kinda also makes people think low eighties because we're talking about it going down.
I don't disagree with you that it'll probably be around 90 cents flat soon (six months). But as for 80's I really don't see it going below 88, 87, even in a few years time, which shouldn't be too much trouble for the league.
Course, I'm not a financial expert and I don't think you are either, so grain of salt and all that. Even the financial experts are often wrong, haha.
I have been pretty good predicting oil prices lately though.