Loading ...This Is What Gold Does In A Currency Crisis, Canadian Edition
Submitted by Tyler Durden on 12/27/2015 – 21:10 
Along with the currencies of most other commodity-exporting countries, the Canadian dollar has been in near-freefall lately. Gold, meanwhile, has been sucked down with the rest of the commodities complex, falling hard since 2013. But only in US dollars. For Canadians, with their weak domestic currency, gold has been behaving just fine. It’s up 17% in C$ terms over the past two years and looks ready to rally from here. Protection from currency trouble is why people own it, and why in the vast majority of places it’s owners are very happy.