Cyprus

Bail-ins are coming

Mark O'Byrne
June 3, 2015
Eleven countries face legal action if bail-in rules are not enacted with the goal of removing state responsibility when banks collapse. A trend of protecting governments over banks is rising.

Saving silver before the real confiscation

Jeffrey Lewis
July 29, 2013
Being “Cyprussed” is probably on the table if the U.S. dollar eventually collapses. So what is left for the reasonable person who has worked hard and saved a few pennies? Not much, but silver is certainly high on the list as hedge against such a scenario.

Cyprus resists international pressure to sell gold reserves

Mark O'Byrne
July 17, 2013
Cyprus is resisting pressure from the European Commission (EC) and International Monetary Fund (IMF) to sell its gold reserves to finance its “bailout.”

Precious metals gain as Cyprus back-tracks on selling reserves

Adrian Ash
July 16, 2013
Precious metal prices rose Tuesday morning in London, after the finance minister of Cyprus said selling some of the debt-laden Mediterranean island's gold reserves was "only an option" for raising cash.

Was Cyprus the canary in the coal mine?

Tom Cleveland
June 7, 2013
Forex brokers went to Cyprus for an edge, and instead many of their clients got edged out when the financial port imploded. Clients need to make sure due diligence of their brokers is a first step in trading.

The world is a mess, but junior mining stocks could double

JT Long
June 3, 2013
The world's economy is in tatters and safe havens are few and far between, says legendary contrarian Marc Faber. The banking crisis in Cyprus has shown that even bank deposits are not safe. So where can a person park their money?

VIX readers start to weigh on stock market uptrend

Jeff Greenblatt
May 27, 2013
Market timing isn't dead, but some timing tools will always matter more than others.

Bank balances and gold

Alasdair Macleod
May 20, 2013
There has been a growing shift in favor of assets relative to bank deposits. This was initially encouraged by zero interest rates, but more recently there is little doubt that Cyprus’s bail-in has accelerated the trend.

The great gold redemption

Peter Schiff
May 2, 2013
The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold sell off: Many large players were motivated to sell by news that Cyprus will have to liquidate its gold.

Gold traders "still in shock" after "excessive selloff"

Ben Traynor
April 17, 2013
Wholesale market gold prices hovered around $1,380 an ounce Wednesday morning in London, little changed from a day earlier, as European stocks continues to fall along with most commodities and US Treasuries gained.