The Phaserl


Let’s Get Cyprused

by Andy Sutton, Gold Seek:

There is little doubt that the past two weeks have brought about dramatic changes in most circles regarding the way people look at banks, bank deposits, and the monetary situation in general. This year’s ‘Ides of March’ will no doubt go down in history as a pivotal period where once again our world changed forever. One would be right in stating that there have been many such watershed events in the past decade and a half and that alone should be even more persuasive to those who believe we still live in the bull market of the 1980s. This is not your father’s market, nor his country, nor his world.

So what exactly happened in Cyprus that changed everything? The goal here is to provide something of a post mortem on the situation – with the recognition that it is still ongoing. However, some of the major decisions have been made and, fallout notwithstanding, are somewhat set in stone.

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