Hi Sherry ,
I am fine , thanks . I am in philppines / dumaguete coastal city . Things have changed in here so I am planning to
leave to go to malaysia early december as my visa expires .
Spent some time in malaysia and then to thailand and vietnam .
Sorry , I didn't get back to you about china , I am getting confusing info on china . allowed to travel in certain places
and stay 2 months max , etc . I decided to leave it for next year and get more info from chinese consulate in canada .
Anyway , I will be happy to advise you as far as canadian / us dollar .
Canadian $ is tied to oil price and its called oil currency . I believe canadian dollar is close to bottom .
In middle of december Saudi Arabia is coming with report how are they going to respond to the current price
of oil . I believe we are very close to the bottom and oil should start appreciate up on price / value - slow process up .
With all that Canadian dollar should start gaining some value as well , but it will be slow moving process that will take years .
With all that I don't thing Canadian dollar will get even with US $ as Cad $ and Australian $ are resource based .
Very likely hits .80-90 cents of US $ .and it will take long time . Things change very much and predict currency is very
difficult as all the country are depreciating their currencies including china on global scale .
I would wait till mid december for news from Saudi Arabia what are they going to do . I can keep looking at things and let you
know how things go .
If you want to invest it would be better if you invest it into company to collect dividend , for time being .Banks or
Insurance co. are best . Look for MANULIFE FINANCIAL . I don't know how the system works in Taiwan but HK should be
ok , transparent . I would trust there not in china some companies ok , some ?
Latter energy should turn and invest there . As well gold looks like hit bottom and should start its way up , but needs
inflation and that could be a longer process .
In this times you have to be happy with dividend ; 4-8 % .
Take care,
Mic