Tuesday, April 24, 2007

bank of canada - holds rates constant

as suspected the bank held rates steady - but suspicion remains they will move up in the future - time will tell -but as suspected it was much ado about nothing..at least for now.
Lets keep our eyes on the government bonds and see if the yields ease up - or if the dollare backs off a bit....time will tell what happens - the world will unfold as it should.
I still believe gold will move up with oil and other commodities and the US markets will drop - the question is how the canadian economy will react....time will tell

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