Expect More Money Printing

By Steve Blumenthal “Time to put 25% to 30% of your wealth in cash.” – Mohammed El-Erian “If you go to an investment adviser, they’ll tell you cash is wasted,” says El-Erian, chief economic adviser at Allianz.  ‘I don’t think so.’  ‘You will have many opportunities to buy really good names at beaten down prices,’ says El-Erian, whose latest book, “The Only Game in Town,” was released this week.” Source 25% to 30% in cash?  Take a step back and think about that for a second. But what do you do when interest rates reach zero?  Here is more on…