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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Amelia Carhartt who wrote (15372)	12/10/2008 11:55:27 AM
From: RockyBalboa	Respond to of 71447

Well that explains the huge money flows into treasuries... if they can create yields out of nothing... so be it. The GDX is reaching an interesting level... 28. Once I mused, which of the two was broken: the gold price or the GDX. (back then gold traded 950...

To: Amelia Carhartt who wrote (15372)	12/10/2008 12:56:10 PM
From: Don Earl	Read Replies (1) \| Respond to of 71447

That's interesting. I found myself wondering if any money I have in savings or checking is in money market funds. The answer is I honestly don't know, but suspect I probably do. I know brokerage accounts are typically set up to hold cash in money market funds, but it isn't something I've ever paid much attention to on bank accounts. On hind sight, if memory serves me correctly (which it may not), free checking and that sort of thing is often packaged with money markets. I doubt most people, including myself, give much thought to money in the bank being anything other than money in the bank. While we are happily debating the dangers of treasures on various forums, are we unwittingly holding all our cash in treasuries?