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>> NOT BREAKING << Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients

 
Anonymous Coward
User ID: 1188163
Switzerland
12/08/2010 02:43 AM
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>> NOT BREAKING << Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients
Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients

...

He tells King World News of a client of a major Swiss bank who was refused access to his one ton of physical gold ($40M) and was forced to make threats to convince the bank otherwise:

“Correct, and through all of that eventually the individual did get his gold...it took lawyers, it took threats of publicity, it took a lot of pressure to do that, which my inference is that that gold was not there. The bank had to scramble, go out and find it somewhere before they could make good delivery.”

...

[link to www.businessinsider.com]

---

When do people get it. If it is paper and/or not in your possesion, you haven't got it!

And don't think we Swiss are smaller crocks, bitches!
Anonymous Coward
User ID: 1185432
Canada
12/08/2010 06:58 AM
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Re: >> NOT BREAKING << Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients
bump
Anonymous Coward
User ID: 1118750
United Kingdom
12/08/2010 07:03 AM
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Re: >> NOT BREAKING << Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients
And don't think we Swiss are smaller crocks, bitches!
 Quoting: Anonymous Coward 1188163


I'm sorry, are you saying you have a tiny cock ?
Anonymous Coward
User ID: 1158028
Sweden
12/08/2010 07:05 AM
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Re: >> NOT BREAKING << Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients
wtf

DOOM?
Anonymous Coward
User ID: 738696
Switzerland
12/08/2010 07:05 AM
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Re: >> NOT BREAKING << Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients
Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients

...

He tells King World News of a client of a major Swiss bank who was refused access to his one ton of physical gold ($40M) and was forced to make threats to convince the bank otherwise:

“Correct, and through all of that eventually the individual did get his gold...it took lawyers, it took threats of publicity, it took a lot of pressure to do that, which my inference is that that gold was not there. The bank had to scramble, go out and find it somewhere before they could make good delivery.”

...

[link to www.businessinsider.com]

---

When do people get it. If it is paper and/or not in your possesion, you haven't got it!

And don't think we Swiss are smaller crocks, bitches!
 Quoting: Anonymous Coward 1188163


Any idea who, BCV, CS, UBS, Raifeissen - was just about to buy some and store it at the bank, this has put me off.
Anonymous Coward
User ID: 1159113
United States
12/08/2010 09:44 AM
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Re: >> NOT BREAKING << Jim Rickards: At Least One Swiss Bank Has Started Refusing To Hand Over Physical Gold To Clients
I wonder how many other rich people have called their lawyers?





GLP