smurphny

Canadian Royalty Trusts Will Never Return to Their Former Glory

One thing that needs to be mentioned is the future of the dollar/loonie ratio. When the billions of fresh new US dollars start to chase a dwindling supply of oil (and other commodities), the value of oil in US dollars will likely skyrocket. The impending inflation debacle should make owning oil in the ground a safe place even with reduced distributions. These companies are just that : companies with loyal employees and management who want to maintain their businesses, unlike their US counterparts which are entirely different paper entities with no real corporate identity or spirit. I am looking forward to them converting to corp. status. ** The coming US search for tax dollars from "the wealthy," (right!) by a populist, liberal Congress DOES worry me.**