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'It's Time To Hold Physical Cash,' Says One Of Britain's Most Senior Fund Managers
The Trelegraph (K) ^ | 6-20-2015 | By Andrew Oxlade

Posted on 06/20/2015 3:05:57 PM PDT by blam

By Andrew Oxlade
7:04AM BST 20 Jun 2015

It may be time to money under the mattress. High profile fund managers explain how to prepare for a 'systemic event'

The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.

(snip)

(Excerpt) Read more at telegraph.co.uk ...


TOPICS:
KEYWORDS: bankingsystem; cash; finance; globalcrisis; investing; money
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1 posted on 06/20/2015 3:05:57 PM PDT by blam
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To: blam

What is with people telling others to hide their dough under the mattress? You might as well have a neon sign with an arrow near your bed. Everyone knows “mattress” stands for garden :D


2 posted on 06/20/2015 3:12:49 PM PDT by max americana (fired liberals in our company last election, and I laughed while they cried (true story))
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To: max americana

I lost all my cash n guns in a horrible boating
Accident


3 posted on 06/20/2015 3:14:11 PM PDT by al baby (Hi Mom)
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To: max americana

I converted all my cash into food and ammo.


4 posted on 06/20/2015 3:17:01 PM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: al baby

I lost everything I have worked for, believed in and enjoyed in a horrible ELECTION accident.


5 posted on 06/20/2015 3:17:38 PM PDT by RipSawyer (Racism is racism, regardless of the race of the racist.)
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To: RipSawyer

Same here LOL.


6 posted on 06/20/2015 3:25:43 PM PDT by Johnny_cash
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To: blam

“under the mattress” is not meant to mean actually put cash under your bed, but put it somewhere hidden that you can get to it. Banks don’t have much actual cash in their bank. Get some of yours now and put it away. Do it before September, like now.


7 posted on 06/20/2015 3:26:50 PM PDT by Marcella (TED CRUZ Prepping can save your life today. Going Galt is freedom.)
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To: RipSawyer

I rode out 2008 and it is significantly higher than where it was. The markets climb a wall of worry. No risk no gain. Dogs will bark and the circus moves on.


8 posted on 06/20/2015 3:26:59 PM PDT by plain talk
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To: Marcella

“under the mattress” is not meant to mean actually put cash under your bed, but put it somewhere hidden that you can get to it. Banks don’t have much actual cash in their bank. Get some of yours now and put it away. Do it before September, like now.

Why September?


9 posted on 06/20/2015 3:30:01 PM PDT by 82nd Bragger (Count to four except when in a helicopter)
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To: 82nd Bragger

Cash only depends on the value behind it. In Germany around the time of Hitler, people hid tons of cash in their mattresses ...and then found that it was totally worthless. If you feel freaky enough to believe this “warning,” buy property or hard goods.


10 posted on 06/20/2015 3:46:44 PM PDT by livius
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To: 82nd Bragger; Marcella
Why September?

You haven't been keeping up with the signs. Like a blood moon.

11 posted on 06/20/2015 3:48:43 PM PDT by BipolarBob
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To: blam
I have a drawer full of these at home...

 photo Billion Dollar Bill_zpsxnkzjm67.jpg

12 posted on 06/20/2015 3:51:46 PM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: blam

M4L


13 posted on 06/20/2015 3:55:02 PM PDT by Scrambler Bob (Using 4th keyboard due to wearing out the "/" and "s" on the previous 3)
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To: Farmer Dean

“I converted all my cash into food and ammo.”

Me too. Which I promptly lost in a tragic boating accident.


14 posted on 06/20/2015 3:56:05 PM PDT by ImaGraftedBranch (If you haven't figured it out, there is a great falling away...happening before your eyes.)
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To: blam

Importantly, the automatic notification of cash withdrawal is now just $2,500, so if you want to store up some mattress money, you have to do it slowly, lest the authorities just seize your cash. Which they will do, and have done, a lot.


15 posted on 06/20/2015 3:57:37 PM PDT by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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To: 82nd Bragger

“7 Key Events That Are Going To Happen By The End Of September”

http://www.zerohedge.com/news/2015-06-12/7-key-events-are-going-happen-end-september


16 posted on 06/20/2015 3:58:12 PM PDT by Marcella (TED CRUZ Prepping can save your life today. Going Galt is freedom.)
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To: livius

“If you feel freaky enough to believe this “warning,” buy property or hard goods.”

You are limiting yourself - have regular cash smaller bills (none more than a twenty), silver small coins.


17 posted on 06/20/2015 4:00:21 PM PDT by Marcella (TED CRUZ Prepping can save your life today. Going Galt is freedom.)
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To: Farmer Dean
I converted all my cash into food and ammo.

When everything comes crashing down, money will be worthless, especially paper money. Those with food and ammo will be the ones that survive.

18 posted on 06/20/2015 4:00:38 PM PDT by AlaskaErik (I served and protected my country for 31 years. Progressives spent that time trying to destroy it.)
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To: blam
The thing I fear about happening before a bank run is a run on wheelbarrows at the Home Depot!

19 posted on 06/20/2015 4:04:19 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Marcella
Why September?

And why not some easily sold 90% US silver coins, too? I figure if there's a crisis with the dollar, silver will be worth more than its current price.

20 posted on 06/20/2015 4:05:05 PM PDT by grania
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