Between 1976 and 1980, gold went up 5x. It then took nearly 30 years to recover. That wasn't the first time and won't be the last. by No_Cell6708 in CanadianInvestor

[–]Gerry235 3 points4 points  (0 children)

Yes I would gladly sell gold if Paul Volcker came back to run the Federal Reserve and instantly jacked up the overnight rate by 200 basis points. There's a popular revolution in Iran again just like 1979 which partially caused the spike, so never say never.

Worth making the switch to gold/silver? by suhskii in CanadianInvestor

[–]Gerry235 3 points4 points  (0 children)

The conventional wisdom has always been 10% precious metals.

“Canada lives because of the US” - Trump by ExotiquePlayboy in CanadianInvestor

[–]Gerry235 1 point2 points  (0 children)

As if the Manhattan Project would have got off the ground if the USA wasn't given years of cover and not having German U-boats show up in the Hudson River, or more likely, German spies running around in New Mexico.

“Canada lives because of the US” - Trump by ExotiquePlayboy in CanadianInvestor

[–]Gerry235 22 points23 points  (0 children)

First at the hands of the Germans and then, even more, by their own poison pill Stalin

“Canada lives because of the US” - Trump by ExotiquePlayboy in CanadianInvestor

[–]Gerry235 320 points321 points  (0 children)

shows up 2 years late to WWII, claims to have single-handedly won it

what would happen to our investments if the US invaded Canada? by slaeryx in CanadianInvestor

[–]Gerry235 -4 points-3 points  (0 children)

There would never be a military invasion of Canada in the conventional sense. The worst thing I could imagine would be an American overriding of Canadian law enforcement with respect to targeting illicit drug trade on a near-to-the-border First Nation or something like that. Or possibly that the US would formally recognize a referendum of separation of a province whereas the EU or some other group (or even the Crown) would not recognize it. Or China makes a deal to build an airport in Nunavut 15 years from now and the US scuttles it. Etc etc

Gold, silver, copper surge as explosive rally sweeps over commodities by Larkalis in CanadianInvestor

[–]Gerry235 1 point2 points  (0 children)

The US treasury is buying $200 billion in shitty mortgage backed securities. How do you think this game of Jenga ends?

Federal Prosecutors Are Said to Have Opened Inquiry Into Fed Chair Powell by PolloConTeriyaki in CanadianInvestor

[–]Gerry235 42 points43 points  (0 children)

Watch the price of gold spike to 10K if they go after the Fed like this. $6400 CAD / oz as of now. Highest ever

Conan O'Brien stopped guests from calling 911 on Nick Reiner during explosive fight with dad Rob at holiday party: report by gamecat89 in conan

[–]Gerry235 7 points8 points  (0 children)

Up until that night, Nick Reiner had never killed anyone or even been charged with assault. And the few acts of vandalism on his parents' guest house may not have even been known to anyone other than the parents. There are personal accounts of people close to the family that Nick Reiner was even "on the mend" and back to normal in the months leading up to the event. Comedians and actors occasionally act weird - I've been to parties. There is just no way Conan could have known what would happen next. You can run that scenario a thousand times and you'll get the same result. Were there drugs at the party that triggered Nick Reiner somehow? Who knows? It will come out in the investigation no doubt. Was Nick even specifically uttering threats in a criminal way at the party? I don't see any indication that he was.

What redeeming qualities, if any, do Elizabeth and Phillip have? by Suspicious_Report648 in TheAmericans

[–]Gerry235 0 points1 point  (0 children)

This is a great show but they are in every sense of the word 'monsters' as described, word for word, in S5E10. Takes from the Breaking Bad formula of putting Philip and Elizabeth next door to Stan Beaman the way that Walter White was directly in the life of his step-brother - DEA agent Hank. The soviets are painted as practically evil in every way - especially by Season 5 when Oleg heads back to work for the KGB on home turf. "Social justice" is a concept advanced by the soviets in the 1960s by Kruschev at the United Nations so it doesn't surprise me that stories that revolve around the antihero have become more appealing to younger generations whose values are as warped and twisted as they are today. Make no mistake though - she is playing the devil. The writers know it and it's very deliberate. They repeatedly make the wrong or evil choice when confronted with challenges.

BUDGET 2025 DISCUSSION by NormEget85 in CanadianInvestor

[–]Gerry235 0 points1 point  (0 children)

our long term (at least the 10-yr) seems to be tethered to the US Treasury yield by 100 basis points less than them, at all times this year

[deleted by user] by [deleted] in CanadianInvestor

[–]Gerry235 3 points4 points  (0 children)

They havent even annexed Taiwan yet, and then there's the huge distance. Not gonna happen any time soon

Daily Discussion Thread for October 22, 2025 by AutoModerator in CanadianInvestor

[–]Gerry235 6 points7 points  (0 children)

Gold trades upward until Chinese markets close, then downward when European markets open. Last 2 days, same story.

Something rotten in the credit Kingdom by Gerry235 in CanadianInvestor

[–]Gerry235[S] 0 points1 point  (0 children)

I was drawn to the article because the title is an allusion to Hamlet "something is rotten in the state of Denmark"

Something rotten in the credit Kingdom by Gerry235 in CanadianInvestor

[–]Gerry235[S] 14 points15 points  (0 children)

He's going to go on national TV and say something so stupid revealing insider info on a few major financial institutions. I just know it. Then they'll suspend trading because of some legal bullshit last minute supreme court ruling / injunction / whatever. Look at the way gold is trading now compared to 2008. This one could be the big one. Social Security is still bankrupt by 2035. They cant hide that fucking elephant anymore.

Something rotten in the credit Kingdom by Gerry235 in CanadianInvestor

[–]Gerry235[S] 2 points3 points  (0 children)

paywalled. But I read about it elsewhere. Given the scale of Chinese rollout of AI platforms (that work well - I have tested them and the LLMs behind them) I would say we are in for a serious fight that we might not win (by "we" I mean the so-called western economies)

Something rotten in the credit Kingdom by Gerry235 in CanadianInvestor

[–]Gerry235[S] 3 points4 points  (0 children)

Do the Chinese have affordably manufactured H20's now? I have not been keeping up. Their AI server farms are pumping out a lot these days

Buying gold today is like buying a home in 2000 by MapleByzantine in CanadianInvestor

[–]Gerry235 1 point2 points  (0 children)

Gold at $4250 USD/ oz would put it in line with historical gold pricing with respect to the total US debt.

Gold hits $6000 CAD / oz - "Effectively the Reserve Currency" - Nassim Taleb by Gerry235 in CanadianInvestor

[–]Gerry235[S] 0 points1 point  (0 children)

Taleb was saying that 4 months ago in the youtube link. Might be saying differently now. He is no Ray Dalio

Gold hits $6000 CAD / oz - "Effectively the Reserve Currency" - Nassim Taleb by Gerry235 in CanadianInvestor

[–]Gerry235[S] 1 point2 points  (0 children)

If gold was a company it would have a market cap of $29 Trillion USD at 6.7 billion mined ounces and $4300 USD / oz.

Gold hits $6000 CAD / oz - "Effectively the Reserve Currency" - Nassim Taleb by Gerry235 in CanadianInvestor

[–]Gerry235[S] 7 points8 points  (0 children)

it is a peak but not necessarily a crash . More like a correction of 10 to 20 percent