RE: RE: The Fed and the dollarNot a surpise. The Fed announced the were going to start buying their own debt right after the election. Gold is not rising. The US buck is falling.
Be in anything physical (ie Gold Silver Oil ect) They are relatively inflation proof
The only question I have is how this will all affect Canada.
Our dollar will rise Vs US.
We are a commodity economy.
But the worse the Americans do, the worse for us as we are so linked to them.
The fact that the US is going to get worse is fore gone conclusion to me. I knew that as soon as they put a marxist in the Whitehouse at the worst possible time (And yes, I think Bush was a fool too. Never met a "Compassionate Consevative" cause he didnt want to fund)
But how is that going to affect Canada is a bit of a mystery to me.
Any thoughts?
Rage