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Cyprus bailout = money shift to tangible assets (gold, silver, etc...)
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<p>[QUOTE="Juan Blanco, post: 1673376, member: 41665"]Gold price in Cyprus in Euro (EUR) = <b>40.10 </b><b>EUR </b></p><p><a href="http://goldpricenetwork.com/goldprice/cyprus/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://goldpricenetwork.com/goldprice/cyprus/" rel="nofollow">http://goldpricenetwork.com/goldprice/cyprus/</a></p><p><br /></p><p>No different than anywhere else, apparently. A website for NORTH Cyprus (the Turkish part) says "Gold and silver covers most of the shops in the centre of the major towns in North Cyprus. The prices are reasonable and the designs are unusual. The pieces of gold and silver are usually weighed before being sold." </p><p><br /></p><p>I found <u>nothing</u> online to suggest/prove that Cypriot PM bullion prices are now trading at any higher premium. <b>This is not what a 'Paper currency panic' should/will look like.</b> </p><p><br /></p><p>INSTEAD, the headlines are this: <b>"Gold Falls to One-Week Low as Cyprus Deal Cuts Haven Use." </b>Is there ANY evidence otherwise??? Pics (coinshop windows) or it didn't happen lol[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1673376, member: 41665"]Gold price in Cyprus in Euro (EUR) = [B]40.10 [/B][B]EUR [/B] [URL]http://goldpricenetwork.com/goldprice/cyprus/[/URL] No different than anywhere else, apparently. A website for NORTH Cyprus (the Turkish part) says "Gold and silver covers most of the shops in the centre of the major towns in North Cyprus. The prices are reasonable and the designs are unusual. The pieces of gold and silver are usually weighed before being sold." I found [U]nothing[/U] online to suggest/prove that Cypriot PM bullion prices are now trading at any higher premium. [B]This is not what a 'Paper currency panic' should/will look like.[/B] INSTEAD, the headlines are this: [B]"Gold Falls to One-Week Low as Cyprus Deal Cuts Haven Use." [/B]Is there ANY evidence otherwise??? Pics (coinshop windows) or it didn't happen lol[/QUOTE]
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