CurrencyShares Canadian Dollar Trust (AMEX:FXC)

CAPS Rating: 2 out of 5

Exch traded fund to reflect prices of CN $ in USD

Recs

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Player Avatar PiMaster (92.99) Submitted: 11/17/2008 10:57:06 AM : Outperform Start Price: $80.76 FXC Score: -38.47

It is inevitable the dollar will drop in value with the flood of dollars being thrown into the market. The Canadian debt situation is fairly strong. While I also wouldn't mind the Chinese Yuan, this should be a much better place to store your cash than in US Dollars.

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