posted on Aug, 2 2011 @ 07:13 AM
I can think of two very smart players in particular that are holding a lot of cash, meaning they'd be hit very hard if the value of the dollar took a
One is Apple. They have a huge cash stock pile. They are like Nike used to be, on steroids. They take cheap components and cheap labor, combine them
into a product and then mark that product up ~500% and somehow people just can't get enough of it, and thus they have a lot of cash. But they could
have been spending that cash or investing it so they have decided to hold a lot of cash for the time being.
The other is George Soros. It was reported around the 19th last month that Soros had moved his assets into 75% cash.
Holding a lot of cash could indicate a bunch of things. One possibility is that they think the dollar will either hold or gain value, while the price
of other things in dollars will fall, and then they would go on a shopping spree.
So these are two very smart players who seem to be banking on something like the opposite of this thread's premise happening soon.