Q: I have read a synopsis of the recent Ray Dalio book, a guy who has a solid reputation in world wide financial circles. He sees 3 years max at the current rate of spending until the a U.S. hits a wall and serious defaults begin to happen,and the U.S. dollar gets hammered.I have no confidence that Carney can make any positive moves here in Canada to improve the economy . He showed his hand today. Everything will come back to his climate change issues, and dealing for years with native tribes, which will stall investment,and retard any hope of significant positive change. So, as an aging senior where do I go to best protect my capital here in Canada…..Gold, bitcoin, Swiss francs ?I’ve been a market investor for 55 years. Seen pretty much everything. I’m wondering if this time it really is “different”.
Thoughts?
Thoughts?