Chinese Bank Run in Sydney

[Aurora et Luna]

https://www.news.com.au/finance/economy/world-economy/concerning-reason-for-huge-lines-outside-bank-in-sydney-revealed/news-story/0e012f46d08dfd3b0230a2439a093cdf

 

[ozcopper]

Can't blame them!

 

[Silver Soul]

In China, they had tanks protecting the banks! 

 

[Aurora et Luna]

Chinese or Aussie banks, no difference to me. None are trustworthy

 

[Silver Soul]

Those that can get their cash from banks will put alot of pressure on physical gold  ... we will see a very new trend

 

[alor]

[youtube]https://www.youtube.com/watch?v=pduE3j0TG7k[/youtube]

 

[ParanoidAndroid]

How are you going to buy a loaf of bread with that?

And how many in Zimbabwe are actually going to be able to afford a coin in the first place?

 

[alor]

actually nothing to worry about, gold coins must have been sold out
they save in gold, buying bread is just using Zim dollar

like everywhere else

 

[ParanoidAndroid]

So it's a hedge for the already wealthy and does nothing for the regular citizens.

 

[Silver Soul]

^^^ Or learn fast it's a hedge of what's to come. Zimbabwe get the gist they just need to work harder to get the bling out of the ground and stop being played like cattle