For Investors Only: Canadian Opportunities

Link here.

This is a very nice article on the opportunities in Canada for investors, written from an American perspective by an American investor:

Finally, may I suggest Canadian investments because every day the US dollar is purposely debased by our current government, securities denominated in Canadian dollars become more valuable. (Actually, they hold their value while the USD depreciates, but the effect is the same when repatriated in the dollars Americans must use to buy goods and services.) I’d rather own rising stocks of growing companies reporting in a currency that appreciates than any combination absent these three factors.

Canada is the quintessential export economy, with a banking system in better shape than the US. (The World Bank ranks Canada #1 for banking stability.)

The phrase "purposely debased by our current government" is a very interesting phrase. Some pundits are arguing that the US government's plan is to "inflate" our way out of the current $14 trillion debt problem, much of that debt related to pensions and entitlements. By purposely debasing the US dollar, i.e., weakening the dollar, inflation will eventually "solve" the debt problem -- at least in the minds of some pundits.


The SeekingAlpha article is a nice read.