I have substantial money in bankwest I dont know if I should leave it there or pull it and put it in a safe deposit box or another gold stock as are they not British backed?
I am guessing 15% drop in the value of the security on what they are lending on (housing etc) could topple them I feel if their leveraged securities are greater than 600% of their deposits
What are others thoughts about leaving money in the banks?
bankwest
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