Cash may become in short supply. Things aren't going well for the global banking elite. People are withdrawing from stock markets and hoarding cash. This can have a deflationare effect on economies. For reference read this CNBC report:
.Five years after crisis, families are hoarding cash - CNBC.com
http://news.google.com Sun, 06 Oct 2013 22:24:28 GMT
Five years after crisis, families are hoarding cashCNBC.comFive years after U.S. investment bank Lehman Brothers collapsed, triggering a global financial crisis and shattering confidence worldwide, families in major countries around the world are sti ...
This could mean downward pressure on all prices as cash in circulation disappears...at least temporarily. Central banks all seem to answer any crisis by creating more money, even if it becomes hyperinflationary. The motto here is: Buy Gold first and then speculate as you want in other things like currency, stocks and bonds. Face it, in these times those are all speculations. True investing is getting more and more difficult. In case you don't know the difference: Investing means you know the profit going into the deal, speculation means you buy hoping for growth which is little different from gambling where you hope in the throw of the dice or the turn of a card.
By the way, the term 'recession' was used because economists didn't want to upset people with the word 'depression', which evokes images of the 1930's. Guess what, 'depression' was the term of choice because 'panic' was too profound anymore. So, logically, a current 'recession' is the same economically as the 'panic' of the late 1800's and early 1900's.
Just thought you ought to know.
