Canadian Dollar at 28-year high vs US Dollar

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The Canadian dollar is at a 28 year high vs the US dollars. Whilest some lament and others delight at the demise of the NZ dollar the Canadian is kicking a$$.

The US have been on a wild 20 years spending binge fueled by credit and they now have unprecedented levels of debt.

With the chinese refusing to adjust their currency, the yen and the euro economies facing aging population problems investors have found few other options available to park their money.

Canada is a prime candidate with its economy being fueled strongly by the commodity boom which is set to last another 10 years plus.

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