flight to cash
 n.— «Isn’t it odd that when a financial crises threatens to get underway today hot money rushes to turn just about everything into fiat paper dollars? In something that has come to be called a “flight to cash,” for a little while it seems that just about everything is being sold at the same time, equities, commodities, even gold and silver.» —“Got Gold Report—Big Markets Worry, Gold Market Sleeps?” by Gene Arensberg Resource Investor Aug. 12, 2007. (source: Double-Tongued Dictionary)

Tagged with →  

This site uses Akismet to reduce spam. Learn how your comment data is processed.