Why? Tapering.
There will be less dollars around and interest rates will rise.
This will drive all asset prices down, and may be the trigger for bursting the bubble. Bond yields are already rising in anticipation. Gold is falling, stocks are falling. This is only the start, come December when it actually tapers, we will have bigger rush for the doors.
Remember the housing crisis was coming around, everyone could see the starting signs, but then Lehman collapsed and it triggered something big. What was the best thing to hold then? Cash. All other asset classes will be hurt.
We don't know what black swan will arise over the horizon, but it has happened many times in the past and will happen again in the due course of nature.
Because of tapering, we will be cheering on the central banks for making cash more valuable, rather than criticising them.
We will have Max Keiser kissing the boots of Central Banksters for making cash more valuable.
