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S W
Member since May 2012
668 commentaries - 5 followers
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has posted a comment on the article :
>Cyprus Gold Sale Still On The Table  - Dan Dontrose - The Fundamental View
The Cypriots should introduce free coinage of gold and silver.
They should also simply default.

They, and Mr Dontrose should also read the Food For Thought (today's) by none other than J P Morgan..." Gold andSilver are money,everything else is credit"


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Beginning of the headline :The other day I tweeted about Cyprus needing to sell their gold reserves and based that information on a Reuters article.  True to form, government officials from Cyprus denied those claims.  Proving how Politicians lie, today, head of the ECB, Mario Draghi ordered Cyprus to ensure that any proceeds of any potential gold sale go towards their loan obligations with the ECB. From Bloomberg: European Central Bank President Mario Draghi said the profits of any gold sales by the Cypriot central... Read More
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