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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: dave9 who wrote (101953)3/5/2009 10:37:57 PM
From: TH  Read Replies (2) | Respond to of 110194
 
dave9,

I went cash in my trading account. So, if their MM is not safe, then probably the equities they hold for me are not safe either.

But, if you mean MM at banks at large, yes, I wonder that everyday.

Maybe the trick is to borrow a lot of money from the banks and buy physical gold with it <g>

I didn't think we were going to progress down this fast. Soon we may be talking about the inability to withdrawal funds, as well as other unforeseen "bad" things. Maybe the entire system is going to implode. Physical gold is going to look real good if the unthinkable actually happens.

GT
TH