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News Link • Gold and Silver

Confirmed U.S. banks will go Cyprus. Paper prices separating from physical.

David Morgan, spoke to me this morning about the Federal Reserve Governor Jeremy Stein, coming right out and saying the U.S. will do as Cyprus if needed and take the creditors (depositors) money so a bank will not fail. Your money in the banks is not yours it is the bank’s money and when you signed the signature card, you acknowledge that. The blue print has been established.

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