Canadian Dollar Trades Equal to U.S. for First Time Since 1976
Sept. 20 (Bloomberg) -- Canada's dollar traded equal to the U.S. currency for the first time in three decades, capping a five-year run on the back of booming demand for the nation's commodities.
The Canadian dollar rose as high as $1.0008, before retreating to 99.87 U.S. cents at 4:16 p.m. in New York. It has soared 62 percent from a record low of 61.76 U.S. cents in 2002. The U.S. dollar fell as low as 99.93 Canadian cents today. The Canadian currency last closed above $1 on Nov. 25, 1976, when Pierre Trudeau was Canada's prime minister.
The move to parity marks a milestone for a currency dubbed the loonie for the bird that adorns the nation's one-dollar coin. Parity also symbolizes Canada's emerging clout in a world economy increasingly short of the energy, grains and metals the country produces....
President ABRAHAM LINCOLN knew that the SATANIC-VATICAN would one day CONTROL, & ultimately RAPE, the United States of America of ALL Their GOLD [& Silver (and eventually their REAL ESTATE)]; so he created The Lincoln-"Greenback"; or the historic continuation of Our U.S. Constitutionally-Based/Mandated Gold-Standard and/or Gold-backed-Currency.
Lincoln succeeded; thereby thwarting The Satanic-Vatcan's Plan For Confiscating The Gold&(Silver, etc.)/Money of The United States of America.
The Satanic-Vatican forthwith (through Booth & his Roman-"Catholic"-Conspirators) Assassinated President Abraham Lincoln after Losing The "Civil War". The Satanic-Vatican lost that Monetary-War Miserably!
The Satanic-Vatican, however, succeeded in weasling-in The Federal Reserve Act in The U.S. Congress in 1913.
They Got, Through the Fed/FDR, The U.S. off the Gold-Standard in 1933; after Their manipulated/created Wold-Wide Depression of the 1930s.
About 30 years later; they Also Assassinated President John F. Kennedy & America's Silver-Standard [Kennedy tried to side-step the Fed by using The Silver-Standard as America entered a Bi-metalic system in 1890s-1900s through William Jennings Bryan]!
Will a President Ron Paul Defeat The Satanic-Vatican-Fed ?
The greenback went down in value after the Fed cut rates.........which was an obvious concern due to inflation...........but that is why you should invest in gold. But if you can't invest in gold (because you don't have any money, like me), FIRST make sure you invest in the Lord Jesus Christ.........He's your greatest hedge against economic collapse! Make sure he is the foundation of your "portfolio".
Regardless though, this economy is slowly going down the toilet anyway.........it's just a matter of time before we see the full impact.
Susan Miller wrote: Walmart has replaced General Motors as the largest employer in America.
Nancy Pelosi wants the government to take over Wal Mart. Other politicians are talking about government subsidizing Wal Mart stores that are having problems staying afloat. Wal Mart has shut down so many small home town stores that there would be nowhere else to buy groceries.