Canadian Dollar, Mining Stocks and Warrants by Dudley Baker
Are you keeping up with the Canadian Dollar (commonly known as the Loonie)?The Canadian Dollar is now the strongest currency in the world and there have been many forecasts of parity with the U.S. Dollar and as of today, the Loonie is trading at 90.35 as we write this article.
The first and second charts below shows the strength of the Loonie over the last year and the third chart is of the XAU Gold Index. Observe the long term trends in all of the charts.
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