Drop Canadian Dollar! Drop!

you made some money with out putting effort.celebrate now

Wow,.. that’s great JC,.. spoken like a true mercenary with a vested interest. “Drop Canadian Dollar Drop”!! …are you kidding me? Sure that may be great for you John,.. and you’ve explained your reasons very well but what about all the poor folks (i.e. most of your fellow countrymen) that get paid in Canadian dollars and buy stuff in Canadian dollars? It’s one thing to brag about your success and how great it feels to start to rake in even more expendable cash than you had before but c’mon man,.. be reasonable and spare a thought for the patriots at home and especially those abroad that rely on their Canadian incomes to live in foreign countries as expats where the US dollar dictates lifestyle.

That was the thing that is also happening in our country.

Maybe I need to move to one of the northern states, right beside the border. So depending on which dollar is worth more, I can choose which country I want to shop in. :)

Might have to figure out a way around bringing food and things across the border.

Meh, what's good for John is bad for me. I know pay more for adwords, hosting, domains, and all that good stuff.

You meant "Hopefully, the trend continues" in the last sentence, right?

You can always find some Canadian company willing to advertise here and then currency problems will go away, but the truth probably is that the US companies still rule and the US dollar maybe down but the advertising market is still very much under US companies control.

Well, I guess this is great news for those Canadian bloggers. John, how much do these fluctuations affect those of us who blog and live here in the U.S.?

My sales from Canada have got affected as a result of these as most of what i sell is in USD

I got more income because AUD getting weak over US this few weeks, but before that I have the same case with you

when the AUD almost the same as USD I get less income than before.

Well, I can relate to the weakening of the Canadian dollar resulting in a nice dollar arbitrage gain for revenue on sites from advertisers that pay in USD, but don't you have expenses that have to be paid in USD ?

We manage sites that generate revenue in USD, but also have significant costs in USD as well (CDN hosting, US data centre colo fees, not to mention PPC campaigns to drive traffic, etc...)

Is it really possible to have all services provided by Canadian companies that are competitive with US providers and still benefit from the gap between our two currencies ? Not sure...

Ultimately it boils down to whether you are more of an exporter or importer....

Rob

At this moment its good to be in this side of the world Europe,cause $1 its almost 0,70€ ...

Yeah Currency exchange is always something us foreign publishers have to deal with, luckily as you point it out the dollar is starting to recover some of its lost value.

Yeah, I'm pretty happy about the situation as well :) Now let's hope it keeps on going down!

great for you , lets hope things get better around other parts of the world.

good for you john but the things are not same for every one else. Me and my friends had a big losses in past weeks due to drop in the rates of dollar

The uh, pop up for your book is totally obnoxious. It's your business, but man it's too much for me.

Also, the U.S. can, and does print money as it needs it. No one can properly audit the amount of paper money in existence, they can only take in economic factors like trade deficits, GDP, and National Debt. That's the problem with a Fiat system. I'm amazed just how many bankers, don't know how the Fiat system is self-defeating; not to mention everyone else. It's the nature of Federated banking through privatization; it should just be split between private banks with their own currencies backed by gold. Or, whatever you guys think.

Ooh, the GBP is still going strong, I might come over there and feel a bit richer =P

I hear ya there, everyone was so happy to see the Canadian dollar go up and then when we all realized how much it sucks we want it to go back! It's very bad for business here too...

excellent post...one of my favorite from you so far.

It would good time to visit Canada. The price of a good meal should be a little cheaper

I'm glad to see things are looking up for you, John. I'm remaining quite optimistic that a stronger US economy is in the future. That should be good news for you! Good luck!

glad to see the US is coming back strong again

Bloggers are not the only ones whose wealth is linked to the U.S. dollar. This is the dilemna of all world businesses who export goods and services to the U.S. in exchange for dollars. They bear the cost of the declining dollar. The opposite side of the "coin" is that U.S. exported goods are cheaper in the world markets.
Have a very happy day.

I hear you, we Canadian bloggers just got a big raise over the last few weeks, just in time for Christmas!

Capitalismis a lose lose situation.

John, but I'm sure your cost of living in that part of Canada is a lot higher then many places in the US. So it all evens out.

I love watching the USD swing up and down. Ever since I were a kid, maybe 9-10 years old, I've been checking the exchange rates for USD to SEK (Swedish kronor) because that's how we valued ice hockey cards as kids (even though everyone just arbitrarily picked numbers; "Yeah, this Eric Lindros card is worth 8 dollars!").

I've seen it go from 6 SEK per USD when I was a kid, to almost 11 SEK per USD months before 9/11. After that started plummeting. 3-4 months ago it was down LESS that 6 SEK per USD. Now it's moving up again, hitting the 8 SEK mark soon. That means I'm earning the equivalent of an extra 25 cents on the dollar compared to a couple of months ago. WOO!

You know John I see where your coming from but when we pay 2 times more for almost everything here the exchange rate is a mute point.

Damnit John, I was going to post about this but you beat me to it... as usual.

Yeah, I'm loving the crappy CDN dollar. It essentially means over $2,000 completely free each month! For John's blog, it means about $10,000 free each month...

Well, I would like for the USD to drop, because I have to make payments in USD.:D

you the man john! the canadian dollar shouldve never gone that high to begin with. let it drop to 50%!!!

Lol John...no matter what you're making more than enough :)

-Mike

So John, isn't it better for you if the CAD is worth more than the USD? If so, why do you want it to drop? What you really want is for the USD to be worth more because it pushes up the Canadian currency, right? Seems like the CAD and USD trade in tandem...a lowering USD value also lowers CAD value and vice-versa.

go green back!!!!

you're the master of evil. but please don't be so selfish. think about other people in your country as well.

Oh man, did you take Darren's advice for that newsletter popup?

Gah, I hope I don't see that everywhere now!