dsrtwriter

5 Reasons Not to Buy the Canada ETF

while you may be correct that the TSX has risen "too fast" compared to the Dow, the market always looks ahead, and I think the market is telling us that in the future the Canadian economy's resource base will overcome the weaker aspect of the current link with the auto industry of the U.S..

EWC may have some ups and downs ahead, but for anyone taking the longer view, it is resource based, it is denominated in Canadian dollars instead of the overprinted US dollar.

Canada is going to be a good bet. While its socialist bent has been a problem over the years, Canada may surprise us and in fact not drift into some of the possibly dangerous policy positions that Dear Leader Barack may take us to.

Gold Sparkles During Financial Crisis - Barron's

Yes, gold has traded on emotion and perception....for over a thousand years.

The U.S.dollar is, what, just over 200 years old? Sure, those of us holding some gold would have been smart in hindsight to sell gold before the dollar rose.The problem is that it appeared to make no sense,when the Treasury was creating dollars de novo to swap for worthless mortgage securities.

Oh, I forgot, they are supposed to sell those securities when they "rise in value".

The lesson: gold is down this inning, but the story is not over. I am not a gold bug, but it is comforting to have ten percent in gold for the long term.