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The CASH Scream Room

Posted: Wed Mar 02, 2022 12:53 pm
by Smith1776
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!

Re: The CASH Scream Room

Posted: Wed Mar 02, 2022 3:01 pm
by seajay
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.

Re: The CASH Scream Room

Posted: Wed Mar 02, 2022 6:15 pm
by dualstow
9EC4F820-79B1-44D9-BF84-9FA06E196207.jpeg
9EC4F820-79B1-44D9-BF84-9FA06E196207.jpeg (25.54 KiB) Viewed 1974 times