Gross Says Hold Cash, Prepare For “Nightmare Panic Selling”

Tuesday, June 30, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
06/30/2015

That an ETF can satisfy redemption with underlying bonds or shares, only raises the nightmare possibility of a disillusioned and uninformed public throwing in the towel once again after they receive thousands of individual odd lot pieces under such circumstances.

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