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Entries Tagged ‘Canadian Dollar’

Whether Bailout Passes or Not, Implications for USD Are Bad

The past two days have been remarkable in terms of the volatility in the equity markets, but how has the dollar performed? Ironically the dollar rallied on risk aversion the one day, and then rallied on renewed optimism the next.
We are likely now sitting in over-bought territory, at least in the short term, but most [...]

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Yamana Gold Inc. (AUY) IS WAY OVERSOLD

DO THE MATH
At this point I really don’t give a crap, but if you do the math when
this share price was low of 10.27 last August Gold futures was around
675. Do the math at today’s price of 880. 675/10.27=880/x x=
13.38.
At today’s gold price. You would have to go back to 04-05 [...]

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