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Cyprus Crisis Escalates – Banks May Remain Closed…

“The banking crisis in Cyprus is worsening, Eric. The banks there remain shut as the Cypriot politicians scramble for a solution to bailout that country’s banks. The banks were supposed to re-open this past Tuesday after a 3-day weekend from a national holiday.

Then they were supposed to open today, but they remain shut.  Now the authorities say they will open on Tuesday. But who knows?  They could remain closed for days or even weeks, given their dire financial condition.

In fact, the EU authorities say that the Cypriot banks are insolvent….

Read the complete article at King World News here.

# Here you can see WHY it’s crucial to own physical gold & silver now, and HOW you can buy [and sell] it.

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Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

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