This is why alI borrowed a large sum of money for my business in 2021 when I was anticipating a steep rise in interest rates. I front-loaded a bunch of capital expenditures and kept some funds in reserve for future expenses.
So other than buy gold, silver and short term TBills what do we do?
FYI, I just watched Peter Schiff on the PBD podcast this weekend. He is about half gold, gold mining stocks and energy stocks.
Smart