TSX:LSG.DB - Post by User
Comment by
westernjonon Aug 23, 2013 2:51pm
222 Views
Post# 21693605
RE:RE:The world is waking up
RE:RE:The world is waking up
In extreme scenarios there is no guessing. However, Cyprus is a corrupt banking system well known for Russian laundry. It was also miniscule. Most of the country's top 50% were involved in dirty laundry of some sort. Central bankers knew this when Cyprus was punished.
Canada is an entirely different animal.
While there is truth in what you say in extreme scenarios, we are down the list from USA and UK & France. And by the time they get to us, what will be the point anyways? If rule-of-law survives, shares in a gold producing company will be better than most posessions.