October 30, 2022
Not trying to brag but I think I timed the 10 year perfectly, not sure I got a better rate then anyone else, but loving the timing as the Canadian bonds have come down considerably. I honestly think a 5.3% GIC would be a stretch as of now from the guy I was talking to, also saw other websites lower their 5 and 10 yr GICs, what is everyone else seeing? Kind regards
March 18, 2021
I'd go more by interest rates in America. Wage growth is 7.7 percent year over year social security I think was 8.5. So far they've rigged the world price of oil lower in America and so that can't last past Christmas time at least in America. With Black Friday sales and the Christmas buying season likely the bankers in America have heavy shorts on oil and gasoline. Once Christmas is over that will reverse and oil and gasoline prices will spike higher as they cover or cover and go long both commodities. Remember everything is rigged in America so inflation will spike a lot higher in the first couple of months of 2023.