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Message: Is the Canadian Dollar Safe?

click on below:

: http://www.dollarvigilante.com/blog/2011/5/31/the-canadian-dollar-is-no-haven-from-a-us-dollar-collapse.html

May 31, 2011

The Canadian economy is very tied to the US economy

  • The Canadian Government is intent on devaluing the Canadian dollar alongside the US
  • The Bank of Canada has virtually no gold backing the Canadian dollar
  • All that does back the Canadian dollar is the US dollar and other fiat currencies
  • The Canadian dollar is not used globally

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