Mish, any thoughts on the Banks? where should we put the money, cash…

nuwall99

Mish, any thoughts on the Banks? where should we put the money, cash on hand gold or the banks

Comments (3)
No. 1-2
Mish
Mish

Editor

Bank choice irrelevant as long as you stay under FDIC limits.

Gold, many good choices: OUNZ ticker symbol, GoldMoney, Bullion Vault, BitGold all physical gold.

1 Reply

FromBrussels
FromBrussels

Wow, 250K limit...in Europe it s only 100K... with Lagarde at the helm of the ECB and given the present dire circumstances I wouldn t be surprised 100K+ accounts will get a haircut at one point in the name of 'solidarity'... Btw Mish, I still can t comment directly ....Maybe I should log out and then log in again? Grts.

DBG8489
DBG8489

Yeah the FDIC released a video yesterday:

Just to remind everyone how safe all the banks are and how unsafe it was to carry your own cash. Nope - rest easy - the FDIC has your back.

Take that as you will.