Why cash will rule again?
Don’t be fooled by the system telling you that cash isn’t worth holding. Central banks are printing trying to create inflation, but the inflation created is only in asset prices of houses, stock, bonds and commodities. This is not going to stimulate an economy, none of the money going in to asset classes that will produce real increases in production, create jobs or give pay rises. In essence none is going to where it needs to.
Everyone is told that so much cash is being printed it will dilute the value of it, but listen all that cash has gone into the asset classes mentioned above, when the world faces up to the mess it is in , all those asset classes will collapse in value and guess what, all that printed cash has suddenly disappeared. Not many people will be left holding any and my god there will be bargains to be picked up.
My advice is to position into cash, if your fear a bank meltdown or currency revaluation move it into gold, it is all the same. In my eyes the result of what will happen could not be clearer, a lot of money is going to be lost by a lot of people, mark my words.
The cash will then pick up a house very cheaply in my opinion.....
