The Phaserl


ViaMat Zurich Bullion Storage Transfers to Brink’s Montreal

by Andy Hoffman,

On February 17th, shock waves were sent across the financial world when ViaMat – the world’s largest bullion storage operator – announced it would no longer service American clients at its Zurich facility, per the letter below…

In recent years, the supposedly “safe haven Swiss” have committed countless acts disproving that moniker – such as devaluing the Franc (and pegging it to the doomed Euro)…

Swiss Franc Collapses 7% – Swiss National Bank to Fix CHF to EUR and Debase Currency – 9/06/11

…exhaustively co-operating with American tax authorities to “rat out” clients holding assets in Swiss banks…

UBS gives up American clients to settle $780m US tax case

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