The CASH Scream Room

Discussion of the Cash portion of the Permanent Portfolio

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Smith1776
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The CASH Scream Room

Post by Smith1776 » Wed Mar 02, 2022 12:53 pm

Didn't seem like we had one so i'm starting it.

The Bank of Canada just raised our country's benchmark interest rate to 0.5% today!
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seajay
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Re: The CASH Scream Room

Post by seajay » Wed Mar 02, 2022 3:01 pm

At 0.5% just stuff hard currency under the mattress instead alongside your gold. Maybe in a years time it might have gained 50% in stock purchase power (shares down -33%), or 50% more ounces of gold, or long dated treasuries paying a higher yield.
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dualstow
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Re: The CASH Scream Room

Post by dualstow » Wed Mar 02, 2022 6:15 pm

9EC4F820-79B1-44D9-BF84-9FA06E196207.jpeg
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Sam Bankman-Fried sentenced to 25 years
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