Why German Customers at Austrian Banks Are Suddenly Silver Bulls
July 5, 2009 by goldguru · Leave a Comment
The Prudent Investor submits:
It has become rare under ever tightening money transfer laws – allegedly because this helps fight "terrorism" – to be able to issue an alert that may help those cautious Germans who survived the market’s tsunami of 2008 to repatriate money from tax-friendly Austria back home.
Legions of German savers with money deposits at Austrian banks appear to have turned into silver bulls.
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