The Canadian dollar (CAD) is a commodity currency, for better or for worse. This means that global traders view its worth in terms of the commodities produced within the Canadian economy: gold, timber, silver, nickel, potash, wheat, natural gas and, of course, oil.
By far the most strong correlation with the value of the Canadian [...]
Here’s one of Jim Rogers’ latest interviews with Bloomberg (June 5, 2008). I always smile at these. He seems so annoyed and frustrated at talking with journalists and reporters. It’s as though he feels that it’s all so common sense – of course you should know that bankruptcies are signs of bottoms [...]
A few people I have talked to have been wondering about how they can invest in gold. Well, as Jim Rogers once said – once your local newspaper starts talking about how the dog next door just got started in commodites, then it’s probably time to get out. I’ve read more [...]