Well, it looks like the Canadian dollar is making a decline on Thursday, like I said it would. I hope all of you made some good investments on it because we probably won’t see it again until the economic slowdown worldwide ends.

I predict sometime in the mid-to-late 2009 that we’ll come out of this economic downturn and when that happens oil will spike again. It sort of sucks, but OPEC wants oil at around $100/barrel. I guess they get that number from political manipulations rather than smarts. I don’t think they understand that when gas is above $3 or $4/gallon it starts to get profitable for alternative forms of energy.

Anyway,

When the economy start making it’s rebound and places like China and India start heavily back into the oil, prices are going to sky rocket, and that means the Canadian dollar will be on a huge rise. Depending on where you’re money is at, that could mean earning 30-40% return.