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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (76489)	3/19/2008 3:48:31 PM
From: ggamer	Read Replies (3) \| Respond to of 116555

<Is everyone moving to king cash???? But why do that? Interest rates are insulting. Plus inflation - as defined but what I have to buy, not Mish's definition - is still roaring.> I totally agree with you but it seems like every investment I touch, I keep loosing money. I have lost money in stocks, gold, oil, ag, etc. Today almost all of these investments are looking bad. That is the main reason I was asking if cash is king.

To: Steve Lokness who wrote (76489)	3/19/2008 4:23:04 PM
From: studdog	Read Replies (1) \| Respond to of 116555

The safest place to put your money? ---- Pay off any and all debt! whoever holds your debt is not likely going to forgive any part of your loan so your liability won't go down if the wheels come off., but money you hold in money markets, banks etc. could conceivably be returned on some percentage on the dollar. I am paying off most of a fixed 15 year mortgage at 4.5% (am I nuts?) with the proceeds from gold and stock sales and money in money market funds. I did this because as I looked around, nothing seemed particularly safe from value deflation. Whether Mish wins the deflation debate or not, this move is what feels right to me. Karl