Go Canadian Dollar!

Investment advisor Peter Grandich advises you to look to the north.  He expects the Canadian Dollar to be the way of the future, a currency from a self-contained nation full of natural resources and not as reliant on international trade, in this time of sovreign financial insecurity.   It’s not just speculators: the entire nation of Iceland is looking at dropping the krona for the loonie.  The Loonie was a joke when I was a bit younger, a step up from Monopoly money when it was valued at $0.60 on the dollar or so, but the Canada dollar has been worth at least parity with the U.S. dollar since 2007, with a few dips in 2008, but has otherwise remained pretty close.   In the past couple weeks it has bounced to less than $1US, so keep your eyes open for another dip.