gold, page-131761

  1. 1,493 Posts.
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    " People need to understand that if you have money in a bank then you are a creditor to the bank. That money is no longer yours. Just ask the people of Cyprus." This statement bullseyes the problem facing anyone in the great fiat ponzi experiment. Nailed it @slange
    Ergo...so goes the current Oz bail in laws. Your money in a bank is not actually yours at the end of this great experiment.
    Hold cash only and hold physical PMs.
    By all means use a bank for the daily expenses and trading but on a day by day basis; week by week maximum.
    As the legend would say "You know it makes sense"
 
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