Friday, May 21, 2010

German rush at Swiss Gold

This is straight from a Swiss Source. This foreshadows what is coming to the US.

Gold is the flight of currency these days: because in Germany the gold market is bare, and the neighbors come to us now, says a dealer. Small gold bars and coins are popular because the buyer must give his name.

It was worse than in the days after the Lehman crash. And, although it was averted by the EU governments a second case of Lehman in the form of a Greek state bankruptcy, precious metals analyst Thorsten Proettel supplemented by Landesbank Baden Wuerttemberg.

Source: translate.google.com

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