Tag Archives: Cyprus

CYPRUS PARLIAMENT DELAYS BAILOUT VOTE, BANK HOLIDAY EXTENDED TO TUES, PRESIDENT WARNS BANKS WILL COLLAPSE IF NOT PASSED

Posted on March 17, 2013 by DRenegade

In his interview with The Doc last week, Jim Willie stated that THE COLLAPSE IS ON OUR DOORSTEP! and made the case that the great financial reset will begin with a small trigger in Europe.  The Cypriot depositor haircut to bailout the Cypriot banking system is beginning … Continue reading →

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Shock in Cyprus over bailout levy on bank deposits

Posted on March 17, 2013 by DRenegade
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Cyprus bailout Parliament postpones debate amid anger

Posted on March 17, 2013 by DRenegade

I should make a cartoon with Benanke holder a gun to Lew holding a gun to an American depositor. Does that pistol hold more than 7 rounds or can it be modified to hold more rounds? David DeGerolamo h/t Zerohedge

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This Is What I Call a Trigger

Posted on March 17, 2013 by DRenegade

The events unfolding in Europe have just started. The Cyprus “tax” (confiscation) has started to collapse the EURO as shown below. We will know in a few hours how the gold markets will react. What should you do? The real … Continue reading →

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For Everyone Shocked By What Just Happened… And Why This Is Just The Beginning

Posted on March 16, 2013 by DRenegade

Today, lots of people wake up in shock and horror to what happened in Cyprus: a forced capital reallocation mandated by political elites under the guise of an “equity investment” in insolvent banks, which is really code for a “coercive, … Continue reading →

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This Is What Happens When Your Money Is 1’s and 0’s

Posted on March 16, 2013 by DRenegade

If you have your money in a bank, stock, bond or even a safe deposit box, it is not really yours. Hard to believe that the world has returned to a time where if you cannot physically touch it and … Continue reading →

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This Won’t Be Pretty on Monday Morning

Posted on January 13, 2012 by DRenegade

Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David DeGerolamo S&P Cuts Credit Ratings for Nine Euro … Continue reading →

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