Safe haven on this oneAs the US$ moves up DLR will continue to climb. Since this has only been around since 2011, and the US$ index has stayed in the 74-86 level, DLR has been range bound. If this had been around 1997-2002 we would have seen it run from the 10.50 area to 14/15 area. At the moment, DLR is posed to move into the 13.00 area as oil and gold keeps weakening. As far as I am concerned, the US$ is the place to hide for the next few years. The 1996 to 2002 was a 6 year move. I think we will see at least a 2014-2020 move on the US$ and reach as high as 120 putting the CDN$ back to .60 cents as it was in dec 2001.
Those that do not learn from history, are doomed to repeat it.
My opinion only, but that is all that counts at the moment.