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Home » Economic » Cyprus sell-off fears send gold price tumbling | Business | The Guardian

Cyprus sell-off fears send gold price tumbling | Business | The Guardian

Cyprus sell-off fears send gold price tumbling | Business | The Guardian.

Cyprus Denies Gold Sale – Debtors Sell Gold; Creditors Buy (goldcore.com)
Gold price drops as Cyprus is told to flog off reserves to help fund bailout (thisismoney.co.uk)
Cyprus & Gold – Noise vs Facts (goldsilverworlds.com)
Cyprus to Offload €400M Gold (on.aol.com)
Gold Price Rises Above $1,600 In Response To Levy On Cyprus Bank Deposits, Reports Gold Price (prweb.com)

Tags: banks, Collapse, Cyprus, debt, Economic growth, Economics, economy, Euro crisis, europe, European Union, eurozone, gold, Gold as an investment, Greece, Marfin Popular Bank, Middle East, Precious metal, Stock market, The Guardian

By https://olduvai.ca in Economic on April 12, 2013.

1 Comment

Allie says:

April 15, 2013 at 10:55 pm

Some are predicting there will be a banking holiday declared after the FDIC meets tomorrow admitting they cannot cover peoples deposits because so many banks have collapsed and the fund is tapped. . . If this happend will gold prices sink as people cash out to buy necessities or soar as confidence in paper sinks?.

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