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<p>[QUOTE="Clawcoins, post: 3157127, member: 77814"]In relations to investments, I think I mentioned in the past that I was an investor in online lending (peer to peer); to individual debtors and company debtors. Last year I decided to stop and wait for my contracts to expire, all 3 yr papers. It's slow going, and more ppl seem to be having problems making payments. All this and I did an analysis up front of looking for high probability of payback, based on the online companies "numbers and information" which excluded seeing the true credit report. blah.</p><p><br /></p><p>Sometimes in the US these are being sold as "better than a savings account, savings account" blah to that too.</p><p><br /></p><p>Anyways .. the US is one thing. China apparently is closing shop of many of these online lender companies and many of them are leaving their "investors" high and dry and with nothing in return. All their monies have gone "poof" into cyberspace. So either the lenders are off the hook now and/or the company execs ran off with the monies .. but the "investors" are left holding the empty bag.</p><p><a href="https://money.cnn.com/2018/08/08/news/economy/china-p2p-lending/index.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://money.cnn.com/2018/08/08/news/economy/china-p2p-lending/index.html" rel="nofollow">https://money.cnn.com/2018/08/08/news/economy/china-p2p-lending/index.html</a></p><p><br /></p><p><br /></p><p>whilst, something like this, could start a shift to safe havens, including PMs.</p><p><a href="https://www.marketwatch.com/story/for-the-most-trade-sensitive-stocks-the-pain-may-not-yet-be-over-2018-08-09" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/for-the-most-trade-sensitive-stocks-the-pain-may-not-yet-be-over-2018-08-09" rel="nofollow">https://www.marketwatch.com/story/for-the-most-trade-sensitive-stocks-the-pain-may-not-yet-be-over-2018-08-09</a></p><p><br /></p><p>I think Crypto now has it's distractors, enough so where the ppl parking $$ in it may have fled already. But I think cash holdings are up overall for the general population.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3157127, member: 77814"]In relations to investments, I think I mentioned in the past that I was an investor in online lending (peer to peer); to individual debtors and company debtors. Last year I decided to stop and wait for my contracts to expire, all 3 yr papers. It's slow going, and more ppl seem to be having problems making payments. All this and I did an analysis up front of looking for high probability of payback, based on the online companies "numbers and information" which excluded seeing the true credit report. blah. Sometimes in the US these are being sold as "better than a savings account, savings account" blah to that too. Anyways .. the US is one thing. China apparently is closing shop of many of these online lender companies and many of them are leaving their "investors" high and dry and with nothing in return. All their monies have gone "poof" into cyberspace. So either the lenders are off the hook now and/or the company execs ran off with the monies .. but the "investors" are left holding the empty bag. [url]https://money.cnn.com/2018/08/08/news/economy/china-p2p-lending/index.html[/url] whilst, something like this, could start a shift to safe havens, including PMs. [url]https://www.marketwatch.com/story/for-the-most-trade-sensitive-stocks-the-pain-may-not-yet-be-over-2018-08-09[/url] I think Crypto now has it's distractors, enough so where the ppl parking $$ in it may have fled already. But I think cash holdings are up overall for the general population.[/QUOTE]
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