Friday, May 25, 2012

Bank Run

Read this on Zerohedge.


It's quite funny actually. Mainly because I don't think Singaporeans are worried about a bank run in Singapore, but more worried about running away from the bank's telemarketeers calling them several times a day.

That being said. Bank runs in Europe will not be good for the global macro.

Maybe it's time to long gold once more.

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