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Yeah, Ira, that makes sense. But you say the demand for these products grow,
so the demand for the currency grows. I believe the original premise was "the
C$ is going up; therefore, the natural resources will go up".....now which is
it? Based on current commodity prices, there doesn't seem to be obvious
"demand" for natural resources,,,,,so should I assume the C$ LEADS, or
according to your second premise, the demand for the product LEADS? Thanks.
joanie
In a message dated 2/1/99 10:30:14 AM Central Standard Time, ist@xxxxxx
writes:
<< The strength of any currency comes from its economy. The Canadian economy
is
an agricultural and natural resource based economy. Gold, oil, silver,
lumber,
wheat, cattle, etc. are the items that cause their economy to grow. As the
demand for these products grows so does the demand for the CD to purchase
these
items. Make sense to you? Ira
>>
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