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Investors Shocked & Frightened In Aftermath Of Cyprus

On the heels of the Fed saying it will continue its unprecedented $85 billion a month purchase program, and continued fear from events surrounding the attempted government theft of bank accounts, today King World News spoke with acclaimed money manager Stephen Leeb to get his take on the situation.

Here is what Leeb had to say in this powerful interview: “What Sinclair said is right on the mark, the Russians are very big players in Cyprus.  You do not want to mess with the Russians. But beyond that, the whole issue is horrifying. This was an attempt by government to outright confiscate money directly from people out of their bank accounts.”

Read the complete article at King World News here.

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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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