Corporate Sector is CASH RICH
Marc Faber also warns of keeping cash in a bank account. He warns you may lose anywhere from 40% to 60% of your cash savings in a bank:
Notice CNBC did not ask him about gold and silver because they are no longer considered safe havens. Marc Faber never even mentioned gold and silver but he did mention central banks are making asset purchases. What assets?
Sounds to me like if the corporate sector is CASH RICH then what to expect is a major stock market crash along with many commodities. These CASH RICH holders are waiting for the big sale coming soon.
