Friday, May 31, 2013

Sprott - A Mega-Panic Is Coming & Here Is The Reason Why

Eric Sprott makes a good point.  When depositors lose money, it's not just John Q. Public being looted.  It's also corporations and institutions doing business in that specific country.  CFO's parking their company's treasury will perform their fiduciary duties and withdraw their funds into safer havens.  The next question becomes where are these safe havens?

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