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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: trustmanic who wrote (4745)	11/8/2002 10:25:39 AM
From: Cogito Ergo Sum	Read Replies (3) of 11633

Hi George, I got 1/3 of my ASSociated brands and have a request in for The Laundry guys. That's all the new trusts for me. On the interest rates yes I posted a while back that I didn't see rates going up anytime soon stateside although I must confess 1/2 point down in one shot I didn't see either. That signals economic weakness and deflation fears in hard assets to me. Although our Canadian rates have gone up 3 times is it this year, since we are joined at the hips with he US (and our legs are usually not touching the ground :o) we cannot afford to raise ours significantly. We wouldn't be competitive then and I believe 85%+ of our exports go to the US. Now I'm looking at the way things are going for Chretien and wondering if I shouldn't change my stance on Kyoto passing. I didn't give it much chance of failing the way our government works but with Chretien showing uncharacteristic weakness for a Canadian PM Alberta may have a prayer... regards Kastel

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