ERM 0.00% 4.8¢ emmerson resources limited

Jimmy - don't bother mate. The kid has no idea what he's talking...

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    Jimmy - don't bother mate. The kid has no idea what he's talking about. Cash is king for a business; not global economics. As US equities go into correction territory, funds everywhere will be looking for a safe haven and gold is the #1 outside of bonds (with super low returns). IMO, Aussie goldies are better leverage into gold than owning physical gold but that's heresy around here so I wont go on about it.

    Scratchy can take the $800 he saved up from his paper run and stick it in his CBA Dollarmite account and he'll be right as rain. Cash is king when interest rates are at historic lows? Joker. How's inflation and tax gonna treat your 2% cash, pal.
 
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