Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Cyprus being used to scare savers into spending, Sinclair says

IMG Auteur
Publié le 28 mars 2013
61 mots - Temps de lecture : moins d'une minute
( 2 votes, 5/5 ) , 2 commentaires
Imprimer l'article
  Article Commentaires Commenter Notation Tous les Articles  
0
envoyer
2
commenter
Notre Newsletter...
Rubrique : Opinions et Analyses

Mining entrepreneur and gold trader Jim Sinclair tells King World News today that the taxing or confiscation of larger bank deposits in Cyprus is being used to scare savers to move their money into the real economy to increase the velocity of money and reverse deflation. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2013/3/27_Si...

<< Article précedent
Evaluer : Note moyenne :5 (2 votes)
>> Article suivant
Publication de commentaires terminée
  Tous Favoris Mieux Notés  
Good article by Sinclair, but I think he gives the powers that be too much credit for unanimity. The cash withdrawn could just as easily go into gold or silver -- or just remain 'under the mattress.' Why would those powers let the chickens out of the coop?

Something omnious is coming round the bend, some bogeyman -- whose shape and purpose is yet to be determined.

Evaluer :   9  -4Note :   13
EmailPermalink
Awhile back, the politicians and economists were stating that we needed to start buying anything and everything to get the economy moving again.

This is an appeal to increase the velocity of money.

Increasing the velocity of money increases tax revenues. Borrowing increases bank profits which increase tax revenue.

The spending of these tax revenues gains the politicians voter loyalty.

Cyprus is another motivator for scaring the taxpayer's into increased spending.

First, last and always, look to Occam's Razor for what is the motivation.
Dernier commentaire publié pour cet article
Good article by Sinclair, but I think he gives the powers that be too much credit for unanimity. The cash withdrawn could just as easily go into gold or silver -- or just remain 'under the mattress.' Why would those powers let the chickens out of the c  Lire la suite
Jim C. - 28/03/2013 à 22:56 GMT
Note :  9  -4
Top articles
Flux d'Actualités
TOUS
OR
ARGENT
PGM & DIAMANTS
PÉTROLE & GAZ
AUTRES MÉTAUX