Goldman Sachs Warns: “Avoid Stocks for 90 Days”

Goldman’s ’90 days in cash’ proposal brings up the controversial “War on Cash” that is currently being waged in America. In a recently published Wall Street Journal article entitled “Preparing for a World without Cash,” they attempt to highlight the benefits of a cashless society. The author claims that the government could save $1 billion annually by not printing, storing and transporting physical currency. Also, tax evasion would become immensely prohibitive, and the government could get out of the bank deposit insurance business. 

However, a completely digital currency means the government could view any financial transactions. They could obtain a flow of information about your personal spending that could be used against you in a host of situations.

Clearly, this is what they want as cash is becoming harder to lay hands on these days. We always suggest our clients to try and attempt to withdraw $9,000 from their own bank account just to see how difficult it is. While the average American citizen is being stripped off physical cash, POTUS Obama just sent $400 million in an unmarked plane, in cash, to Iran…

• I wonder why Iran wanted cash?
• Why not a traceable bank wire?

It almost seems as if we want to track our citizens more than the terrorists. 

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