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Question for Canadians.

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Arirang   Canada. Mar 23 2011 03:06. Posts 1673


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 Last edit: 03/06/2020 12:56

gawdawaful   Canada. Mar 23 2011 10:04. Posts 9012

Use moneybookers if you intend on re-depositing elsewhere. Keep it in USD to avoid the conversion rape.
As far as actually cashing out to CAD is concerned, I like to wait until its near parity or slightly better before I cashout. Fuck getting shafted yo

Im only good at poker when I run good 

Arirang   Canada. Mar 23 2011 10:20. Posts 1673

Thank you.


HeRoS)eNGagE   Canada. Mar 23 2011 11:25. Posts 10896

yes
i actually openned a US account at my bank
T.T


Arirang   Canada. Mar 23 2011 11:31. Posts 1673

That's a good idea as well, perhaps I should look into that.


rememp   Canada. Mar 23 2011 14:11. Posts 480

Hey Ari, I just use Google finance as a moderately decent forecast of where the Canadian dollar is going. http://www.google.com/finance?q=CURRENCY%3ACAD

Using forecast models will help as there are certain patterns you can exploit to make sure you don't get ultra shafted on the exchange rate (obviously difficult to make money from this, or everyone would be trading currencies, but fairly simple to avoid losing money).

Long run imo the Canadian dollar is going up, because the world is losing faith in the US dollar as the reserve currency as the US is monetizing away their debt. (Printing money to handle debt, rather than raising taxes)

Very long run, we'll probably all be using the Yuan as the standard. Imagine that.


Arirang   Canada. Mar 23 2011 15:19. Posts 1673

Thanks rememp, for you insight on the subject matter.


salutary   Australia. Mar 30 2011 04:40. Posts 362

this is why people do player transfers


 



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