What’s happened now in Cyprus is they have actually taken a more honest step, a more overt means of taking away your money. They are taxing your deposits in the bank. Now, when you have an insolvent bank, and you have an insolvent nation, the only thing you can do is to go into the private sector and take their money.
Normally that is done via money printing, but now the governments are getting aggressively in the business of stealing your money directly….
Read the complete article at King World News here.
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.