Tuesday, May 09, 2006

Keep An Eye On Canada

I have posted about this before but I will say it again. I would be betting on the Canadian dollar to strengthen against the USD in 2006. I would not be surprised if one Canadian dollar can buy more than one USD come January 1, 2007. I am not a currency trader, but clearly the trend is continued strength in gold, copper, silver, and any currency except the USD. You might want to consider converting your dollars to buy international stocks instead of buy the ADR.


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