RE: Fed funds rate down to 1.25%How much of one's wealth will people really convert into bullion and store in a safe location outside of a bank.
I do hold silver....coins and bars...but really again as a speculation.
I would have been much more worried if Canadaina banks had been allowed to merge...in my mind a perfect set-up for national level tragedy
as they stand our banks are in much better shape than the big US money centres...and of course all are dwarfed by the problems facing the Japanese banks
I would not be surprised to see a complete yen collapse by next april