MCM 0.00% 14.0¢ mc mining limited

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  1. 7,973 Posts.
    Hi Snug,

    Be mindful of the following. Central banks are printing money in order to stimulate economies. This is a well known fact.

    They are basically saying here, the money is virtually free(1% interest) go and spend spend spend. What happens when people start bidding for a limited supply of goods and commodities.

    The price goes up, way up! Especially if there is alot of cash floating around in the economy which there will be very very soon.

    So IMO commodities and precious metals are the way to go. Holding cash is not.
 
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