CBC's, The Monarchs of Money

Savers be Warned, Your Money is Not Safe

Der Spiegel:  Germans are right to be worried about their savings because the euro bailouts will make most of them poorer in the long term -- through higher inflation and lower payouts from life insurance and pension schemes. Why can't crisis-hit nations follow the Cypriot example and make rich depositors pay a share?   LINK

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The "U-Vault Account" is safer than money in the bank, and 100% insured for the FULL value of your holdings. Whether you have $1 million or $100 million your gold is fully insured, allocated and segregated.   BK

Cyprus Banks Freeze Banks Accounts

(Reuters) In a radical departure from previous aid packages, euro zone finance ministers want Cyprus savers to forfeit a portion of their deposits in return for a 10 billion euro ($13 billion) bailout for the island, which has been financially crippled by its exposure to neighboring Greece.

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