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31-Mar-13 World View -- Report: U.S. military action in Syria may be imminent


Bank of Cyprus customers will lose 60% of their savings

** 31-Mar-13 World View -- Report: U.S. military action in Syria may be imminent
** http://www.generationaldynamics.com/pg/ ... tm#e130331




Contents:
Debka: U.S., Israel, Turkey, Jordan planning military action in Syria
Islamic Movement of Uzbekistan (IMU) tries to regain influence
Bank of Cyprus customers will lose 60% of their savings


Keys:
Generational Dynamics, Syria, Israel, Turkey, Jordan,
Saudia Arabia, Qatar, Bashar al-Assad,
Jabhat al-Nusra Brigades, Muslim Brotherhood, Arab League,
Islamic Movement of Uzbekistan, IMU, Fergana Valley,
Bank of Cyprus

I am not going to commit an OPSEC violation, but this is a bit dated, but change a few locations and update weapons systems and it would be applicable to the subject area of operations: http://www.strategypage.com/qnd/topten/ ... 60222.aspx. Look for the locations of CVNs, MEUs, Pat batteries, ISR assets, activity and JSOC personnel.

utahbob wrote:I am not going to commit an OPSEC violation, but this is a bit dated, but change a few locations and update weapons systems and it would be applicable to the subject area of operations: http://www.strategypage.com/qnd/topten/ ... 60222.aspx. Look for the locations of CVNs, MEUs, Pat batteries, ISR assets, activity and JSOC personnel.

Wow! Thanks for the information, Bob.

John wrote:Bank of Cyprus customers will lose 60% of their savings
[...]
Quite honestly, this takes my breath away.

Shows the advantage of having some of your wealth in gold stored in a non-disclosed location. No 3rd party risk. No risk of hyperinflation. No risk of government just grabbing it during a "bank holiday".

vincecate wrote:

John wrote:Bank of Cyprus customers will lose 60% of their savings
[...]
Quite honestly, this takes my breath away.

Shows the advantage of having some of your wealth in gold stored in a non-disclosed location. No 3rd party risk. No risk of hyperinflation. No risk of government just grabbing it during a "bank holiday".

However the government can make it illegal to own and with stiff penalties for not complying. Yes, you can keep it hidden, but if you can't use it, what good is it? How many decades can you wait till they change the law?

The Gold Confiscation Of April 5, 1933

From: President of the United States Franklin Delano Roosevelt
To: The United States Congress
Dated: 5 April, 1933
Presidential Executive Order 6102

and

In Australia part IV of the Banking Act 1959 allowed the Commonwealth government to seize private citizens' gold in return for paper money where the Governor-General "is satisfied that it is expedient so to do, for the protection of the currency or of the public credit of the Commonwealth.[16]" As of January 30, 1976, this part's operation is "suspended".[

Note in the above, the word "suspended" --- to be reapplied when necessary?
Every thing has risks.