/biz/ - Business & Finance

It kinda makes sense the PM Psy Op of 2020/2021. They wanted more of the population to have some gold/silver for the upcoming turmoil. I have money/crypto/a house paid off in my late 40s. I had no PM at the start of COVID 19, never even registered to buy a gold coin?

Why did I wake up one day in the summer of 2021 and start thing about buying gold. Now we see very sticky inflation and house prices in hot markets rise against rising interest rates. The Canadian CPI came in yesterday at 3.3% compared to the previous month of 2.8%. A half point higher, how does the bank of Canada not raise interest rates. I was talking to a buddy at work and I told him we need to rip the band aid off and the BOC needs to raise the rate by 100 basis points.

He told me rates would be 9% by the end of the 2023, 18 months ago. At the time I called him a fucking idiot.

I'm going to go buy another 10K in maples in the morning.