Falling Canadian Dollar, Peaking Stocks & Bonds, And Imminent N.A.U. Suggest The Wisdom Of Gold

By Jan Allen, Prospering Bear Blog

Saturday, December 16, 2006 - Summary

A falling Canadian Dollar when coupled with the peaking of the
Canadian stocks and bonds and the imminent coming of a North American
Union in a 'continental response' to both economic events and North
American emergencies strongly suggests the wisdom of investing in gold.

The loonie has taken a tumble

Dudley Baker writes a superb article entitled What's Up (rather down) with the Canadian Dollar?
and comments: "All of us as investors in the natural resource sector
would like to see the Canadian Dollar remain strong if only because so
many of our investment dollars are denominated in the loonie.
Unfortunately, what we need and what we want is not what we always get.
We shall see. While it will not be the end of the world to investors if
the loonie does not substantially rebound, it will have the effect of
limiting our future gains from our investments in the mining stocks,
long-term warrants and other investments.

Canadian stocks and bonds have peaked out

Resource stocks are at support as is seen in the Jack Chan's Charts of S&P/TSE Canadian Energy iUnits at 83.90 and S&P/TSE Canadian Gold iUnits at 81.94