Sorry Mark,
Canada is sinking about as fast as a country can, despite what the UN says. Funny thing, they are now investigating some of the figures that have been fed to them over the years. Who in their right mind would trust the word of a bloated multi government org anyways, let alone one that is in the shape reflective of the condition of the global economy ? The outdated tax system renders us almost helpless. I can count the number of Canadian companies doing well on one hand. We are followers to the upmost and nothing better than a training ground, to pick from, for those with determination abroad. With great respect for your elders, I am saddened to watch us continue to vote in the same federal morrons. Without the technology available to me today, would have been long gone. You are young, I can tell, but will quickly grow old as you continue to piss away possibly 50% + of everything you make on the turkeys in Ottawa while watching your life savings melt away before your very eyes as the cdn dollar continues south. And wow do the charts say south, there is now a huge bearish flag on the weekly CDN $, so big, I do not even care to measure how far it may go when it breaks. And this is why we watch this thread, as gold, i believe, will soon be the ultimate currency, although not before a serious thrashing. We are due for a licking once the US economy slows down and slow it will, as the amount of so called valued paper out there is mind boggling.
Paul |