[TerryM]

SwoOosch,

Thank you for clarifying the question I had about cash and for the sensible advice about other steps to take. I am actually going to carry through and follow that advice.

Terry

[TerryM]

So when David Stockman and Stoneleigh say it is safer to be in cash, what do they mean by cash? Actual physical bills, as in empty your bank account and store the cash in a safe physical place? Or do they just mean don’t be in stocks, but instead keep your money in a savings account? I’m a little fuzzy on that recommendation. Do they not trust the whole financial system and are recommending taking your money out of the system altogether because they don’t believe you will have access to it if there is a financial collapse, or are they just cautioning to not be invested in the stock market?

[Author]

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