If you are a 30 year old guy, I would not have any more than 6 months to a year`s worth of expenses in cash. I would make sure I had a little cash to cover my rent or my mortgage, if you have a mortgage but I would keep very little in the way of cash because it`s going to lose value.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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2014
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February
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- Personal Finance: Keep Little Cash
- What Would Be A Bearish Case For Gold
- China: Largest Producer Of Gold
- Gold Is Going A Lot Higher Than 1900 Dollars An Ounce
- Market Outlook: U.S. Economy, Federal Reserve & Gold
- U.S. Economy: Outlook For 2014
- The Real Unemployment Picture
- Bad Economic Data Coming To The Surface
- Interest Rates Will Skyrocket After The U.S. Dolla...
- We Have The Biggest Bubble Ever
- Gold Short-Sellers Are Getting Nervous
- Yellen: Waiting For An Excuse To Call Off The Taper
- Gold: Most Selling Is Coming From The Short-Sellers
- Gold Is Leading The Way But Wall Street Is Still S...
- Wall Street Is Fixated On This Story
- Video: Market Update (U.S. Economy, Janet Yellen a...
- Video: Taper Will Not Be Continued As "Planned"
- Rally In Bonds: False Safe Haven Bid
- Video: Stock Market, Treasury Bonds & Gold Outlook
- When The Market Realizes There is No Exit Strategy
- The Trend In The Market Is Down
- Gold: Good Things To Come For The Balance Of 2014
- Video: Gold Market Outlook
- The Markets Will Be In A Downtrend Until The Fed G...
- Video: Why The Markets Are Going Down
- U.S. Economy: The Recovery is Just An Illusion
- The Markets Are Going To Continue To Decline
- Video: Investing, Real Returns
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