How to Play the War on Cash

I've been somewhat surprised at the relatively low level of resistance to the proclivity of governments and the banking system to move rapidly toward a cashless society.

When looking through comment sections of blogs and news sites, one of the major responses to the concerns is people from the U.S. will allude to the words on our currency that says it's a "legal tender," as if that will stop the forward motion of what has become a global initiative in many nations.

Immediately below is a list of the reasons I have been able to find as to why we should move towards a cashless society. They are from a variety of nations, and not all are given as reasons from any one country.
Stated reasons:

    Fight terrorism

    Tax evasion

    Black market

    Costs of currency production

    Improve credit rating of country (Uruguay)

    Encourages underground economy

    Money laundering

    Reductions in armed robbery

    Counterfeiting


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Visa (V) (SYMC) (BA) (BMC) (BTU) (F) Price Targets Changed

Visa Inc. (NYSE: V), Symantec (NASDAQ: SYMC), The Boeing Company (NYSE: BA), BMC Software, Inc. (NYSE: BMC), Peabody Energy Corp. (NYSE: BTU) and Ford (NYSE: F) had price targets on them adjusted by analysts.

Visa Inc. (V) had its price target raised by Morgan Keegan to $120.00.

Symantec (SYMC) had its price target raised by Citigroup (NYSE:C) to $23.00.

The Boeing Company (BA) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $80.00.

BMC Software, Inc. (BMC) had its price target lowered by Citigroup to $36.00.

Peabody Energy Corp. (BTU) had its price target lowered by Stifel Nicolaus from $65.00 to $50.00. They have a “Buy” rating on the company.

Ford (F) had its price target lowered by Jefferies (NYSE:JEF) to $14.00.