ximmy
2nd April 2013, 11:10 AM
Now that everybody knows TPTB have directed their rich friends to withdraw their cash before cypress banks closed, could these elite not know what to do with all their cash?
News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the bailout deal serves as another reminder that while the media portrays the victims of the Cyprus “haircut” as the mega rich and wealthy Russian oligarchs, the real victims are middle class families and small business owners.
“The effect of this is there is now a distinct desire to withdraw the excess cash from the banking system, with the definitive question of what to do with it? How would you like to be an international company with over $100 billion in the bank? How would you feel if you believed 40% of the money could simply be stolen?
For individuals, the two most common investments for people are residential real estate and the stock market. So it is in fact happening that some of this excess cash now being stored in banks is moving even more into residential real estate, and this may also well be what sustains the stock market from a very serious correction which is technically called for here.
TPTB know the stock market is in a bubble and the real estate market is in a manipulated bubble so they want to provide their wealthy friends a place to preserve their wealth. Maybe TPTB is providing the alternative in metal, but not at a high price, fire sale prices for the elite are provided for.
4659
http://www.infowars.com/mega-rich-withdrew-money-from-cyprus-before-looting/
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/29_The_Most_Dangerous_%26_Potentially_Fatal_Gamble _In_History.html
News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the bailout deal serves as another reminder that while the media portrays the victims of the Cyprus “haircut” as the mega rich and wealthy Russian oligarchs, the real victims are middle class families and small business owners.
“The effect of this is there is now a distinct desire to withdraw the excess cash from the banking system, with the definitive question of what to do with it? How would you like to be an international company with over $100 billion in the bank? How would you feel if you believed 40% of the money could simply be stolen?
For individuals, the two most common investments for people are residential real estate and the stock market. So it is in fact happening that some of this excess cash now being stored in banks is moving even more into residential real estate, and this may also well be what sustains the stock market from a very serious correction which is technically called for here.
TPTB know the stock market is in a bubble and the real estate market is in a manipulated bubble so they want to provide their wealthy friends a place to preserve their wealth. Maybe TPTB is providing the alternative in metal, but not at a high price, fire sale prices for the elite are provided for.
4659
http://www.infowars.com/mega-rich-withdrew-money-from-cyprus-before-looting/
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/29_The_Most_Dangerous_%26_Potentially_Fatal_Gamble _In_History.html