The War on Cash is Not Over… It’s About to Intensify

Jon Economy, Market Commentary

The Trump Presidency has distracted from the next major move to be implemented by Financial Elite.
That move is a cash ban.
Cash, particularly physical cash (as in bills and coins) is a huge problem for insolvent banks.
Indeed, it is the ONLY problem they have yet to address.
If you’re a large bank and you’re overleveraged due to excessive assets to capital ratios (particularly assets that are at risk of losing value or default) there are three key issues you need to control.

This post was published at GoldSeek on 21 November 2016.