Agoracom: Small Cap Investment - Golden Minerals Company - Re: Cyprus Deposit Levy

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Cyprus Deposit Levy - Stealing from Deposits??

gildage

Mar 21, 2013 12:20PM

Re: Cyprus Deposit Levy - Stealing from Deposits??

gildage

Mar 22, 2013 10:49AM

Babaoriley

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Re: Cyprus Deposit Levy - Stealing from Deposits??

in response to

Re: Cyprus Deposit Levy - Stealing from Deposits??

gildage

posted on Mar 22, 2013 07:08PM

I believe that at most times banks do not have the money on hand or in liquid assets to cover all deposits, they are highly leveraged. After all, they are supposed to loan money.

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