Richard Russell: “Today’s investors are in a most unusual position. I say that because I believe we are close to witnessing and living through some of the greatest and momentous changes in world economic history. It will be, historically, tantamount to those of us who fought and lived through World War II.
The two biggest items in America’s economy are (1) Federal Reserve notes, which we laughingly call “dollars.” These notes currently serve as the world’s reserve currency. (2) The US bond market, by far the single biggest securities system on the planet — it includes trillions of dollars worth of Treasuries, corporate and municipal bonds, and various other debt securities.
Read the complete article at King World News here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.