CurrencyShares Canadian Dollar Trust (AMEX:FXC)

With Dollar Decline this will be a place to be. Canadian Dollars are based on their vast energy resources which they will export. As dollar falls this will benefit. If dollar is saved then the performance of this will be at the market.

With the PIIGS, Euro is trash, US hitting debt ceiling and concerns of a downgrade...Japan has an aging population and got "fukushima'ed". Swiss Franc has had it's day in the sun. Canadian Dollar and Australian dollar look as potential places for people to move. And why not? Canada has plenty of natural resources, minimal exposure to the euro crisis,etc

Less federal debt, a more passion reserve bank, ++ will outperform the dollar.

We have proven that we can Dilute our dollar, and Canada is getting stronger, so, will we flood their borders to get jobs- south moving north, which is moving north?

There will be an influx of dollars to currencies of countries with tremendous natural resources.

The canadian economy is geared for commodities exports with 75% of gdp exports going to the USA. We will not have a v shaped recovery. The currency is due to come down due to recessionary pressures.

Dollar crash

Time to move north.

One of many currencies I have recently made an underperform call on.

If a currency outperforms the s&p for an extended period of time with this little leverage, it will be the new "American dollar" from a new global powerhouse with the military, economic conditions, tax base, stability, and political will similar to the U.S. China is my vote for the future global safehouse, but I can't see global investors trusting their capital with a communist regime. The consensus seems to be that the dollar will be slowly replaced by a basket of stable currencies, and as such, the S&P should outperform these currencies in the long run.

--Wh1sp

Waiting for Dollar crash.

This is a bear market bet. The Canadian dollar falls less than the S&P 500 when the market "corrects". The U.S dollar still remains a safe haven currency. i wouldn't bet against the USD right now.

The ongoing strength of Canada's currency due to it's lower domestic exposure to the international financial crisis, as well as a lack of "quantitative easing" by the Canadian Central bank will result in this currency holding value vs. other depreciating currencies.

Obviously Canada is not printing like crazy, and its currency is backed by oil and gold.

Long term it is much safer than the US dollar and 0.8 seems like a good entry point.

Hedging dollar collapse

Like it. Breaking out.

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.

RSI 20

$ and equities are in trouble

Oil sands, oil sands, oil sands. The loonie will trump the greenback, hands down.