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The US Dollar and Canadian Dollar are now equal....


Ben

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[quote name='WhoDeyUK' post='552934' date='Sep 20 2007, 11:08 AM']All they have to do now is let both fall to the level of the mexican peso, and the Amero will have have a smooth entry as the currency in north america...[/quote]

I hope for your sake you're earning a salary in pounds. I have a fantasy whereby I pay off my student loans by earning Euros.
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Besides Gold and anything gold related going to the moon in the face of the weak US $. I think Casino stocks are set to do well.

One, there has been a huge wave of takeovers in the sector, with Harrah's, Station Casino's, and Aztar all being taken over by private equity firms in the past year. There are a few solo one's standing...Boyd Entertainment, and also Pinnacle Enterntaiment being the two most likely targets.

Secondly, I think everyone in Canada / Europe / anywhere in the world, who hasn't been to Vegas yet, will choose to do so, or at least plan to do so now in light of the weak dollar. And that's only a good thing for the hotels there. Pinnacle gets hurt because it doesn't have a landmark property in Vegas, but others should do well.

It's not like I'm the only one thinking this though, the sector as a whole has been rising big the last couple of weeks.
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