Posts tagged as:

oil prices

Short-Term Advantages of A Weak US Dollar Will Weaken Over the Long-Term

November 5, 2009 · 0 comments

in US Treasury, US debt, US dollar, US economy, currencies, inflation, international economy, world reserve currency

There are two short-term advantages to a weak US dollar.
The primary advantage of purposefully driving the value of the US Dollar down, as Bernanke and Geithner both know, is that it makes US exports more attractively priced for foreign buyers.  This, of course, helps the US economy in theory (if more goods are purchased as [...]

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Commodities Currencies Trade With Oil Prices

September 14, 2009 · 4 comments

in Canadian dollar, Canadian economy, US dollar, commodities, forex, oil

The Canadian dollar (CAD) is a commodity currency, for better or for worse.  This means that global traders view its worth in terms of the commodities produced within the Canadian economy: gold, timber, silver, nickel, potash, wheat, natural gas and, of course, oil.
By far the most strong correlation with the value of the Canadian [...]

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In Case You Missed It: G8 on the Global Economy and Other Good Tidbits

July 11, 2009 · 3 comments

in G8, international economy, link roundup, reading recommendations

This past week the G8 met in L’Aquila, Italy to discuss the global economy but also climate change and reducing carbon emissions.  According to the Telegraph, Gordon Brown warned “that sharp and unpredictable rises in oil prices risk “choking off” the global economy and pushing the world into a [...]

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Why Your World Is About To Get A Whole Lot Smaller – Jeff Rubin (Review)

July 6, 2009 · 21 comments

in books, commodities, energy, environment, international economy, oil, reviews, sustainability

Are you liking the new frugality trend?  Get used to it.  Frugality is “in” and here to stay – but not because the U.S. housing and credit markets collapsed and 30% of everyone’s savings have disappeared.  According to Jeff Rubin, ex-senior economist at CIBC World Markets, the growing scarcity in the world’s fossil fuels supply [...]

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