If you earn, and have most of your assets, in Saudi Riyals, Bahraini Dinars and
other GCC currencies, your financial future depends on the fate of the US $,
and the US economy. My view on the US economy:
it has serious problems.
If I’m right, future events can hurt all of us financially but will also provide
tremendous opportunities to make (or grow) fortunes.
During 1995-2001, I lived in Dubai, and traveled extensively all over the Middle
East. I worked for a large company whose shareholders included the YBA Kanoo
Group, the former Deputy Governor of the Saudi Arabia Monetary Authority
(SAMA), and prominent businessmen in the GCC.
I was the
Director of Investments, and also responsible
Strategy and Planning.
I am a graduate of the
London School of Economics, and a Canadian
Certified General Accountant (CGA).
I then returned to Canada and have recently started writing two free newsletters
being currently distributed to 70,000 residents of Dubai, with eventual
circulation throughout the Middle East, bringing investors’ information about
investment opportunities in
Canada is the second largest country in the world by area, and was just voted by the United Nations as the 4th best country in the world to live in. It has a vibrant economy, with budget and trade surpluses.
Investing here allows you to hedge against the US $.
Canada is one of the top five producers of
most commodities (gold, silver, copper, nickel, etc.) in the world and is the
8th largest total oil producer in the world (at 3.11 million barrels a
With a large number of public companies in these sectors, in a well regulated
market, Canada is a natural choice for investors looking to diversify their
Read the Acamar Journal if you want clear analysis of economic trends and
investment opportunities. Links to previous issues are provided
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