Thursday, May 8, 2014

Rest of 2014 best investment maybe Cash

I dont see any assets that are attractive. The most under appreciated asset is cash. Nobody likes cash. On cash the next 10 years you will probably earn zero. 

Mrs Yellen is a money printer like all the others and she will make sure the dollar continues to depreciate in real terms. 

For the next six months maybe cash is the most attractive investment.