August 30, 2023:  All Time High/record of the Fiat Gold price!

The Socialist Government run by Trudeau Junior is ruining the country.  Remember that over the past year, the FINANCIAL situation in Canada has been DEGRADING (May 2018).

Canada’s banking system is at risk of collapse due to high levels of debt, an imploding real estate bubble, and reckless lending practices, posing a significant threat to the economy and potentially leading to job losses during an economic downturn.

• Canada’s real estate bubble poses a systematic banking risk, with many households unable to make interest payments and facing the possibility of owing substantial amounts to the bank when refinancing. There is a significant risk to the banking system as at least one major bank in Canada, CIBC, has been discreetly audited due to many of their borrowers being overleveraged, raising concerns about the possibility of other banks having similar issues.
• Canada has the fourth most indebted households in the world, highlighting the country's concerning level of household debt. With high inflation and a significant portion of income going towards debt servicing, the economy faces massive problems. Canada’s banks are loading up on borrowers who are already pushed to their financial limits, potentially putting the market at risk with the influx of “dumb money.” An affordability crisis propped up by reckless lending poses a massive risk to the country’s financial system and the general economy, with taxpayers ultimately bearing the fallout.
• Tip:  If you still have assets in Trudeau's country that sold all of its' GOLD, you better get these out as soon as possible.

"Recently, the country lost its AAA rating and it now has become a Tyranny! Because Of Trudeau's Idiot Truck Policy, MILLIONS of Canadian Dollars
are fleeing Canada. Canadians buy Physical Gold & Silver and store it in Panama."

By 2040 Canada will no longer be a G7 country with investment-grade sovereign debt. By 2030, the US, France, Italy, and Japan will all lose investment-grade status.  To put this into perspective, this means that in less than two decades, the debt of countries currently representing approximately 50% of global GDP will be ineligible for investment by the smallest municipal pension fund. 

CanDollar Gold
	Bullish Objective	c$ 3,800 - c$ 4,200
	Resistance	c$ 2780
	Support	c$ 2150
	Bearish Objective	c$ 1980
	Technical pattern	Strong Bull Trend

Short term candle	Chart comment
	Jan 6 - 20, 2016: BREAKOUT and  fresh bull run Dec 21: A SCREAMING BUY Jan 5 - Feb 2, 2017: BUY Nov 9 - Mar 8, 2018: A SCREAMING BUY it is. May 3-29: The target after a breakout is Can$ 2,580 Dec 7 - Feb 8, 2019: Breaking the 200 days MA = very Bullish! Jan 3 - April 10, 2020: The beginning of a new bull run Oct 12 - Feb 5, 2021: The beginning of a new uptrend. Mar 4 - May 10: End of the correction and strongly OVERSOLD = screaming BUY! Dec. 21 - Mar. 12, 2022: Breakaway gap and ready for a new bull run. May 10: Buy Now! June 10: bullish key reversal. July 12 - Nov. 24: SUPER BUY OPPORTUNITY! Jan. 2 - Feb. 24, 2023: Expect some fireworks soon. Mar. 24: new high! Apr. 22 - June 18: Preparing for a new breakout and higher. July 17 - Aug. 30: Strong Buy!
Long term candle

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Canadian Dollar versus the US dollar.

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The Canadian dollar is a commodity currency destroyed by the IDIOT leadership of Trudeau, who sold ALL the Canadian Gold! Time to get out...

Short term candle	Chart comment
	Canadians have taken advantage of the Currency War to knock down the Can-Dollar as far as possible and improve their export position towards the USA. Jan 7, 2016: Parabolic SELL-OFF versus the US-Dollar = BUY Jan 5, 2017: BOTTOM Jan 5 - Apr 24, 2018: but getting stronger versus the US dollar. Dec 7 - March 9, 2019: CRITICAL - NO Breakdown Nov 9 - Jan 3, 2020: Sideward Nov 9 -Apr 7, 2021: potential breakout versus US-Dollar. June 18: Talking the US dollar up...won't last. Dec. 21- Jan. 21, 2022: Breakout aborted and overbought. Feb. 8: Sideward & Oversold. June 25: Or a Ukraine W-bottom? July 12 - Nov. 24: Buy CanDollar or SELL OVERVALUED US-Dollar Jan. 2 - Apr. 24, 2023: We expect the Can-Dollar to be stronger than the US-Dollar. May 19: Sideward. June 18 - Aug. 30: Breakout and Trend Reversal versus the US-Dollar.
Long term candle

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Euro versus Canadian Dollar

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Short Candle chart	Chart comment
	Interestingly, there is a correlation between the exchange rate of the Loonie and the price of Gold. Jan 7, 2016: BUY Jan 5 - Feb 2, 2017: still bullish Jan 5 - Apr 24, 2018: It is weaker than the Euro. Dec 7 - June 5, 2019: Bouncing up the 200-day Moving Average and UP Nov 9 - Jan 3, 2020: Sideward Jan 4, 2021: uptrend?! Sep. 9: Potential STOP LOSS of Can-Dollar versus Euro Nov. 4 - Dec. 21: Critical and potential STOP LOSS of Can-Dollar versus Euro Jan. 21 - Feb. 8, 2022: Bottom?...Oversold? Apr. 10 - May 10: This looks like a STOP LOSS for the Euro: Trudeau's action results in Millions fleeing Canada... June 25: oversold and support. July 12 - Aug. 5 - Sep. 9 - Oct. 15: The euro fell too much versus the CanDollar and is oversold: Sell the CanDollar and buy Euros. This points to the fact that the US dollar is way overvalued...and a SELL! Nov. 24: Trend reversal! Jan. 2 - Feb. 24. 2023: We expect the Can-Dollar to be weaker than the Euro. Mar. 24 - Aug. 30: breakout of the Euro vs. the Can$ - see the short candle
Long Candle chart

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