yesterdays action showed one thing, that Cash is King as nothing got spared.
In deflation Cash is King. Why? It pays down debt. Debt is a nuclear bomb on anyones balance sheet for a business or your average joe.
Those that are cashed are always the ones that do the best when deflation ends as they can buy cheap assets. Those that are not cashed up will just be hoping to get back to square one.
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gold stocks will be slaughtered today, page-6
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