Kashmira I wouldnt recommend storing your cash outside your...

  1. 215 Posts.
    Kashmira I wouldnt recommend storing your cash outside your domicile (the actual physical domicile) ... but only because relative to where you live you wont want a move against your wealth. Plus when the sh&t hits the fan - and it will- the currencies will go nuts and rational will be left behind (the AUD usually gets hammered due to our banana republic status etc).

    I believe 2015 will be the last of "normality" for a while ... the first ever NEGATIVE yield 10 yr (swiss) gov bonds have just gone on offer - and are being taken up. How desperate are funds to accept a safe haven transaction that gives then negative yield - they KNOW the sh&t is real and are locking in quantifiable losses ... that is a wake up call to everyone.
 
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