Topic: 2013-04-03 examiner.com Dutch bank defaults on physical gold deliveries (Read 1033 times)
April 05, 2013, 09:10:15 AM
this news makes me feel particularly cynical . Somehow I'm not surprised this is happening. Perhaps at how soon it is, but not that it is. Particularly because I suspect that the gold and silver prices are being manipulated to hide inflation.
April 05, 2013, 08:50:14 AM
This is serious, very serious. A bank not delivering the gold that the people bought means that the crysis is moar serious than what we know. And show how people can't just invest in gold and trust it. Either you physically hold it in your home, or it is just paper. And well, keeping gold at home isn't exactly a good idea
April 05, 2013, 08:28:13 AM
Only one paragraph on bitcoins - but I think it is symptomatic that now bitcoin is inserted in all kinds of articles - the exposure is enormous:
Yes, one metric of Bitcoin success in terms of widespread usage and name recognition will be the day we have to shut down this subforum because there are too many mentions and it no longer makes sense to track them. At this pace, within a couple years.
April 05, 2013, 04:30:14 AM
I ordered some gold and silver (also have bitcoins) through golddirect.com (netherlands). I hope there is no problem.
I phoned them and they denied knowing anything about this issue.
I phoned them and they denied knowing anything about this issue.
April 05, 2013, 03:02:16 AM
http://www.examiner.com/article/largest-dutch-bank-defaults-on-physical-gold-deliveries-to-customers
Only one paragraph on bitcoins - but I think it is symptomatic that now bitcoin is inserted in all kinds of articles - the exposure is enormous:
Only one paragraph on bitcoins - but I think it is symptomatic that now bitcoin is inserted in all kinds of articles - the exposure is enormous:
Quote
Interestingly for Europe however, since the Eurozone crisis spread from Greece to Spain, Italy, and Cyprus, the fastest growing currency being purchased by retail investors is Bitcoin. Bitcoin is a digital currency that is out of the control of sovereign central banks, and to this point, has not been manipulated by inflationary monetary policy.
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