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20 Aug, 2011 12:08

Bank, gold or mattress – NY chooses

Against a backdrop of market turmoil, the public has mostly left the traders to worry about slumping stocks. But with investments and pension funds on the line, New Yorkers tell RT where they are putting their money.

“The wave is moving up and down – it’s just a game. I have no faith in it,” a New York resident told RT. “What are your choices? What are you going to do with your money? Do you want to put it under the mattress? I do not think it will work too well. You can put some in gold.”“If things get too bad – up to where you have to put your money in gold – I don’t think the US government would allow gold to undermine the currencies,” objected another one.Most agree that where money is concerned, anywhere is good – the main thing is to have some.