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Saturday, April 25, 2009

Uneasy about Quantitative Easing?

My gut tells me the Canadian Dollar will take a beating after printing 125 Billion of them last week, especially with the stated policy that they will continue doing so until the economy acts nicely. So should I invest in a decent currency, while I can? But every media I've read sais the Loony is going to climb to 1.19 against the US dollar (of course that's not much of a reference since they just printed a trillion dollars last March).

The conclusion: Buy AUSTRALIAN and NEW ZEALAND bonds. (offereing 3% these days)

Humor-ish

  • whereswilly.com Tracks the location of 40 million dollars in 5 dollar bills.