Sum of all Fears

[cottonpicken]

I dont see the canadian dollar out pacing the
commodity surge.

Whats happening in front of everyones eyes is the
worlds "reserve" currency is going down the toilet.

Another part is usdx trade hedgeonomy.All global
trade is settled in us dollars,this where the demand
comes from.

What happens when nobody wants dollars?

Its going to be like a fire in a crowed movie theater.

Im not scared of a reasonable amount of debt with
fixed rates.Unless your talking about resedential
morgage bubble in canada-god help those poor
souls.

If you want to buy gold you can go to a bank and
order it,the mint makes what are called maples in
one ounce coins some banks in large centers have it
on hand,bank of nova scotia is into this the most.I
dont recommend coin dealers they will screw
you.Ebay is also a resonable way to do it.

Another option is the cef fund of canada,its been
audited so your safe and its rrsp eligible and
probably tfsa.It holds hard bullion for its investors.

[poorboy]

Thanks for your views Cotton.

I also do not view the cdn $ to be immune to the whole monetary situation and can see more $$ moving into "real" items such as natural resources and commodities.

Because I can see commodities holding their value for a while, I am thinking it is not a bad time to be buying land and taking new mortgages if you fix the interest rate. As long as you are not over extending yourself. I am fortunate enough to have some grain harvested and even though quality is poor, prices are good.

I did not know that there was a fund that held actual product. Good to know. When buying gold coins, how does purchase price relate back to actual gold prices? Are coins a decent way to hold gold in ones portfolio, or is the metals fund much better in your opinion. Not sure how liquid the coins are.

[cottonpicken]

What ever you do in life at least once hold a one
ounce gold coin in your hand.

The ultimate form of payment becomes very clear.

But in todays world i like different paper
instruments-as you say for liquidity,rrsp,tfsa etc.

Truth be told i ahvent bought gold for years and
years,although i follow it every day things like sugar
really catch my attention anywhooo...

The real action turns to leverage,which is not for
everyone.