The CASH Scream Room

Discussion of the Cash portion of the Permanent Portfolio

Moderator: Global Moderator

Post Reply
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3920
Joined: Fri Apr 21, 2017 6:01 pm

The CASH Scream Room

Post 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!
Currently paying homage to the Intel Celeron in my avatar—the processor that allowed a low-income family like mine to afford a computer in the '90s.
Top
User avatar
seajay
Executive Member
Executive Member
Posts: 610
Joined: Mon Aug 09, 2021 11:11 am

Re: The CASH Scream Room

Post 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.
Top
User avatar
dualstow
Executive Member
Executive Member
Posts: 15367
Joined: Wed Oct 27, 2010 10:18 am
Location: searching for the lost Xanadu
Contact:
Contact dualstow

Re: The CASH Scream Room

Post by dualstow »

9EC4F820-79B1-44D9-BF84-9FA06E196207.jpeg
9EC4F820-79B1-44D9-BF84-9FA06E196207.jpeg (25.54 KiB) Viewed 2207 times
I WOULD NEVER DELETE GARRETT
Top
Post Reply

Return to “Cash”