The debt boom has disappeared, leaving the banks not wanting to lend.. at least to each other. Deleveraging is happening with assets being sold, sometimes without thought. There is a rush to get rid of debt and to cash. But what is Cash?. Paper currency/Gold/PGM/Commodities? I think this is the question that is being asked. Thoughts?
Max
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- cash is king but what is cash
cash is king but what is cash
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