Swiss Bank Default, Dollar & Gold…Q&A with Lynette Zang & Eric Griffin
ITM Trading Podcast
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Is There a Better Strategy?
Troyo asked, what do you think about having the same amount of savings in the bank as the amount of debt you hold at the bank? Well I think that everybody's got to do whatever it is that they are comfortable with doing. If you're talking about say mortgage debt or something like that, there is a better strategy so that you're actually repaying that debt at a lower level because gold is down here. And the strong dollar is it still has some purchasing power value in there.
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