A legit concern indeed.
If you print money and float bonds till you run out of air, the
unthink-
able happens & it is about to happen IMHO.
In my case, the a/c i trade with are insured to 500K but the systemic
risk would result in getting paid years later in dollars worth dimes.
Why risk that ??? So i am right on my gold trades, the short dollar
trades, the stock index puts. . . and the money gets tied up in a
borker failure and you stand in a welfare line waiting for an
insurance
settlement that may never come !!!!
BTW, learn to ignore Fred, his bleeting is always the same **** that
is
fed to the idiot public of the US - - - Buy Quality Long Term Foreign
Holdings & Watch The Daily Declines. And the more they go down,
the more you need to buy, buy, buy.
Fred has been investing about a month and is down 35%. He is in
denial of the worst sort. Deficits don't matter, dollar down don't,
nothing
don't matter as long as you keep investing.
In his suspect view the economy is great, real estate is a blessing &
he prays nightly to bush and jewsus WHILST G_d Save the Queen
plays in the background. He is a Gay Britisher dispatched to America
during the Thatcher years.
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