loki, i agree with the cash position in govt guaranteed banks. i have taken the same stance (not all eggs in one basket).
however in a hypothetical scenario of cascading bank defaults i wonder how that cash would be returned to the depositor, and if it was returned, what value would the currency have at that point if you get my gist (especially if large banks topple)?
- Forums
- Commodities
- GOLD
- gold price may avalanche
gold price may avalanche, page-40
-
- There are more pages in this discussion • 352 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online