I believe that stacking physical cash will be very precient. Consider this to diversify your PM stack.
I believe that stacking physical cash will be very precient. Consider this to diversify your PM stack.
Considering the the bank runs we are now seeing in Europe it is not a bad idea at all to make a preemptive strike. But I don't want to be the guy holding cash in the case of QE3. Who is best prepared? The ones who can defend on multiple fronts.
Just look at how the various markets and asset classes behaved after the last QE's
Now that the dollar is over 80 holding cash sounds like a good idea, but it is a 180 from what most people around here were advising a few months ago. My philosophy is to always have an emergency cash reserve available. Too many around here have 100% invested and often take a hit selling on down markets.
You never look back, you keep going foreword.
Not only is the FRN now a "dollar", but it is also "physical" and "cash"!
Mmmmm! is there anything it can't do?
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