Canada has the lowest debt-to-GDP ratio among the G7 members. This puts the country in better fiscal shape than the U.S. and Europe
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New York, NY (PRWEB) January 18, 2012
Escalating tensions with Iran, which are pitting Russia and China against the U.S. and Europe, will cause volatility in the markets. Should there be a war, then energy and gold bullion prices will jump even higher, according to Michael Lombardi, lead contributor to popular financial newsletter Profit Confidential.
“This presents a nice buying opportunity for energy and precious metal stocks on the main Canadian stock exchange, the TSX,” says Lombardi.
According to Profit Confidential, in 2011, Canadian stocks trailed U.S. equities by the most in three years. The European debt crisis coupled with the slowdown in China sent investors fleeing out of commodity stocks in late 2011. Energy- and commodity-related companies make up 47% of Canadian stocks.
“Many major gold stocks call the TSX home. These precious metals mining companies should reflect the upward move in gold bullion with higher share prices,” says Lombardi.
Lombardi believes there is a strong possibility that Europe and/or the U.S. will embark on more money printing in 2012. Should that occur, he believes that commodity prices will rise significantly, just as they have in the recent past.
“The most important reason to buy Canada is the Canadian dollar itself,” says Lombardi. “Canada has the lowest debt-to-GDP ratio among the G7 members. This puts the country in better fiscal shape than the U.S. and Europe.”
Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged.
Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.
To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.
Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.
Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.