I'm going to look into a Canadian bank.
Just wondering what you think of this post in particular these sentences:
“The latest data from the Bank for International Settlements shows that Western European banks hold almost all the exposure to the emerging market bubble, now busting with spectacular effect.
They account for three-quarters of the total $4.7 trillion £2.96 trillion) in cross-border bank loans to Eastern Europe, Latin America and emerging Asia extended during the global credit boom – a sum that vastly exceeds the scale of both the US sub-prime and Alt-A debacles.
Europe has already had its first foretaste of what this may mean. Iceland’s demise has left them nursing likely losses of $74bn (£47bn). The Germans have lost $22bn.”
http://www.freerepublic.com/focus/f-news/2115560/posts
Also, DB received billions from AIG....interesting stuff going on.
Depending on the Canadian Bank you use, you may be able to get bearer bonds ( illegal to be sold in the USA)issued
at a Canadian Bank outside the USA , where you can take delivery of them. They are a commercial instrument.
Annother way is to purchase Preferred Canadian Bankshares which have a return of 7% per annum inicluding dividends and interest. These are for sale on the US Stock Market, if you can find any for sale.People tend to hold on to them these days., You can ask about that at your Canadian Bank, they may have a line on some that are available.