Dollar Decline Continues

Back when the euro was selling for less than the dollar I predicted that soon the euro would rise above the dollar, but not only that I also made the forecast that the Canadian Loonie would go above the dollar before 2010.

The debunkers said “You are the loonie, the US dollar is going up not down.” So now that analysts are predicting that the Canadian dollar will pass the US dollar as early as this year?

What do we have? A debunker flipflop. “That was obvious, you didn’t predict anything. You get all you predictions from CNN. They have been saying this for months.”

Sorry debunkers, you are wrong again. In fact, you are wrong so often it is positively paranormal.

I predicted the rise in oil prices before it happened as well as the dollar decline.

Canada produces a lot of oil, this is “fueling” a rise in the loonie as well as an economic boom in Canada. However, the declining US dollar will cause inflation to rise.

What do you think will happen to interest rates with inflation? They go up. What effect will this have on a weak housing market? Can you spell c-o-l-l-a-p-s-e?

Everything is interlinked, the war in Iraq caused oil prices to go up which triggered all these other things. When I predicted that the US invasion of Iraq the reply was hoots of laughter. I predicted then that the laughter would soon turn to tears. It has.