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Tuesday, July 9, 2013. An Asset for the Keeping.and Nurturing! Recently, a money manager that I otherwise greatly respect, said this rather despairing, if not delusional, statement:. Ultimately, there may be no such thing as a safe asset anymore. And investors may want to take a diversified approach to something as mundane as cash.". Emphasis added] The Rising Dollar Myth by Axel Merk. I know what he means, but it reminded me of the fool's remark you may have heard:. What makes an asset "unsafe"? Or are ...

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