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It could be that the smart people are accruing the CD because they know something
is about to happen.. The AD$ is also resource based, will it move also? Ira.
OkieDame@xxxxxxx wrote:
> 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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