A Most Important Chart

[biglentil]

Canadian banks only need to keep 3.5% of all deposits on reserve in cash and equivalents. Its common practice for mortgage brokers and their clients to fudge the income declarations to qualify for something they otherwise would not of. That may of worked when interest rates were 2 percent, but those terms are coming due and the rate is now 7%. When the tide goes out we get to see who is swimming naked.

[biglentil]

No deflation anywhere in sight for U308. Anyone remember when I said about 3 years ago. "Either the lights go out or the Uranium price goes much higher"

[AlbertaFarmer5]

Wheatking, you speak of preparing oneself for a crash. What would you suggest? Cold Cash, Gold, Silver? I would imagine that cash would be king in a credit crash like 2008?

Always keep the bail in legislation in the back of your mind.
Unless of course you mean actual physical cash.
If the SHTF in a big way, along with bank bail ins, I expect a digital currency to be implemented on short notice, and even physical cash wouldn't be safe or useful.