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RE: This Is Where The Money Is: The Trading Week Ahead, And Beyond. By Gregory Mannarino
The way Cash is going down in value, they should raise the interest rates even more... Other than Pocket Change, who on Earth would want to hold Cash...???
@pocketechange
I am starting to like this theory of yours...
Thanks... Trust me, with the banks paying little or no interest, at least you'll have some cold "hard" cash outside of the Banking System if and when they or the Paper Fiat Debt Notes fail...
I doubt it, maybe we will get a small move down in August. I think generally the markets will move higher and the bubbles will continue to grow. Wall Street wants everyone all in before they sell.
No one wants to hold the cash, so when they put it elsewhere, of course the house of cards will come tumbling down and leave everyone flat broke... The Banks have been robbing us blind for year (in my opinion) so why would they stop now...???