You are viewing a single comment's thread from:

RE: Safe Haven

in #life7 years ago

I feel cash is a safe haven 'cuz the stock market looks pretty scare right now for peeps who look at the support and trendlines!!! Cash doesn't lose 97% of its value in one year, so I can always move it when I need to.

Sort:  

When a country devalues its currency over time, it is possible for quick transactions in and out. However how many times throughout history has a country altered the cash values overnight and by surprise. Look to Switzerland, Argentina, Venezuela or Zimbabwe in recent times. But look back at the demise of all throughout history.