[Claeren]

^ I actually agree with all of that.

I think deflation will be a theme for a while (could even be a long while), I think the Canadian dollar is very exposed to downside risk as well, and I am not thinking gold is about to spike (thus why I don't buy any) although I don't think it has as many downside risks as many equities do.

I am not sold on the idea that the USD is any better than the Loonie right now, both have huge downside risks, and my inability to decide which is better over the next 2 years is largely the reason I am still in Loonies (with a few hundred USD, but that is nothing obviously). I feel like worst case they both tank in real value, medium case only the USD does long term (even if the Loonie dips interim), and best case they both moderate with Canada re-closing half of the gap between them as America inflates their currency to shrink their debts and trade deficit and buy our commodities with those ever inflating dollars.

If/when I see a clear signal in the market I would certainly be open to moving that currency into something else.



Claeren.