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This time a large international bank with almost 15 million customers in 50 countries around the world becomes part of this unfolding saga. It is so hard to believe and unimaginable so let’s continue our trip down the rabbit hole with another King World News exclusive interview.
Originally posted by wayouttheredude
It is not a bad idea to invest your money in physical metals right now. The delivery crisis for metals certificates will snow ball and you can bet that the run will jack the price. I have less then 10% of my wealth in metals at this time. I am thinking it might be prudent to increase this to 20% over the rest of this week.
If I am wrong the worst that will happen is that I will lose some value from the conversion but it is not going to amount to a very large percentage of the value in the end I think.
Originally posted by wayouttheredude
It is not a bad idea to invest your money in physical metals right now. The delivery crisis for metals certificates will snow ball and you can bet that the run will jack the price. I have less then 10% of my wealth in metals at this time. I am thinking it might be prudent to increase this to 20% over the rest of this week.
If I am wrong the worst that will happen is that I will lose some value from the conversion but it is not going to amount to a very large percentage of the value in the end I think.
Originally posted by boondock-saint
Hong Kong pulls all gold reserves from depositories in London
buckle up gentlemen, the global meltdown
has begun
HK is basically saying we dont trust you
when u disrupt trust between banks
money stops !!!
Originally posted by ganjoa
I don't suppose anyone is up for leaving economics out of the social order next time around? Surely we can come up with a different kind of idea.
gj