RE:Dollar in dive mode todayI'm glad I don't own bit spam. Like it or not fear and the unknown means flight to $US. I cashed out my $U.S. travel hoard into $cdn recently. $100 oil should mean the us and cdn dollars will trade close to par. Especially with bank of Canada bluntly stating rates are going higher to kill inflation vs us fed at least considers economic and employment fallout. Higher rate spreads cdn vs USA, means $cdn trading closer to par. I'm expecting to rebuild my travel hoard in 2023 close to par. 25% is a big move for $ vs $. And if course the bullion buried under the old oak tree is looking good. LOL.
jrj90620 wrote: This is what precious metals investors have long expected.I don't know why the Dollar has recently been so strong against other junk currencies.Sure hasn't been strong against all goods and services.