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To: Mariner
Cash is the only place to be over the next couple of years...

That depends on how you define "cash." Federal Reserve Notes under the mattress or some derivative based security like a money market fund or a demand deposit in an insolvent bank or whatever. As for me, I bought AU big today. Just in case...

30 posted on 12/14/2011 3:42:05 PM PST by April Lexington (Study the Constitution so you know what they are taking away!)
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To: April Lexington
"That depends on how you define "cash."

Physical cash and demand deposits. Savings and checking accounts. $20 and $100 bills.

M1.

32 posted on 12/14/2011 3:53:52 PM PST by Mariner (War Criminal #18)
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