The Straw Man and You

By David Burton If you were an avid “Your Trading Edge” reader, you would have read my previous articles titled- “The Matrix of Money”and “The Burning of Paper Money”. Well, this is an addition to those articles. Gann once said- don’t have debt and save a surplus for emergencies. Therefore, I will explain why you don’t want to be a straw man. A bank keeps 3 per cent in cash in order to lend out 97 percent in debt. This is akin to keeping $30 and lending out $970 and continuing this trend till you are broke. Now if you

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