RE:Geopolitics Matter to CalibreMight as well throw the Euro along side the USD:
https://www.zerohedge.com/geopolitical/euro-frankenstein-currency
Calibre is the right vehicle for anyone at this time in history for protection against fiat currency debasement and geopolitical conflict.
The Canadian government has just made it a lot worse by putting a 100% tarriff on Chinese EVs.
Cars are the second largest purchase Canadians make after housing. Chinese BYD EVs are as good or better than Teslas and were slated to be about 1/3 to 1/2 the price of a CA$49,990 Tesla 3. BYD is now producing cars with 1300 mile range making them viable for Canada's cold climate and at affordable prices.
https://technode.com/2024/05/29/byd-achieves-1300-mile-driving-range-with-latest-phevs/
Protecting inefficient Canadian and American auto manufactures is simply going to increase car prices to Canadians. Under protectionism Canadian and American auto makers have no incentive to improve efficiency and lower costs to compete. Time and again it has been proven this is what happens under protectionism. You bear the cost of failed protectionism tariffs.
https://en.wikipedia.org/wiki/Protectionism
So now you will not be able to get a $17,000 - $20,000 BYD every bit as good or better than a $49,990 Tesla 3 and even a comparable gas powered vehicle.
This is one of the stupidest economic decisions ever made and you are going to be paying the price for that.
The changes happening at this time is going to fill the history books for generations to come. We are not talking about the demise of an empire and rise of another but a transition toward an multicentric world for benefit of all, not a unitary global power.
Investing in gold and gold producing companies is a means to counter the price esculation in cars, houseing and everything else that is impacting everyone in Canada. More people have been forced on to the streets, auto thieft is going through the roof as a means to make money, copper thieft,
adult children continuing to live with their parents, and on and on.
How much are you paying for a hamburger these days?
Central Banks have seen the writting on the wall and are fortifying their reserves with gold.
Large investors are following suit.