We’ve seen this unfold before
A good read. 10 min
Before the rise in the PM’s they drop initially especially with the run up we’ve had. We’ve seen this every time. The Fed and Treasury are trapped once again and will sacrifice the currency.
Comforting thought for a recovery.
Remember to enjoy each day as if it is your last. Life is too precious to worry about things we can’t control.
Yesterday, I spent many hours cycling around BC Place and downtown Vancouver where some of the World Cup games are held. Crazy number of tourists and locals with their country’s colours and flags. Every bar with a patio and large screen were playing yesterday’s game, Canada vs Switzerland.
Took the skytrain into the downtown early morning before my ride and it was jammed packed. Got on the first train by pushing through the masses. A true sardine can. never experienced that before. Leaving the Downtown it was crickets on the train. After the partying is over, the tab for the games will fall upon the taxpayer again.
It was all covered up and the City and Province would not release info on the costs prior to the games.
The goal of the Globalist governments is to deplete the treasury. Doing a great job of this in BC and of course Canada.
The veneer of prosperity is very thin in Vancouver. Bread and Circuses to appease the masses. The hangover is likely years away but it’s coming. Bailouts for the politically connected but crumbs for the rest.