Was at a remembrance service for my uncle today. Shared lunch with 100 odd Cypriots. A recent visitor went on to say that as well as losing money in the bank he also lost 60% of his Super. We canny stackers may be avoiding fiat in the banks but hiding super, whether SMSF or work scheme will be problematical. I don't know a way around it for younger members, I make a point of cashing mine in and buying PM's with it every year, as I'm over 60.
IT IS HERE !! THE BAIL IN HAS ARRIVED http://www.gold-eagle.com/article/another-brick-wall-–-graham-mehl
While this should be causing bank runs, it won't because most people are asleep at the wheel and by the time they wake up it will be all over. However don't expect either the banksters or governments to own up to the pillaging of people's savings and super etc. I predict they will blame it on cyber attacks on the finacial system from the likes of Iran, North Korea or China etc. Then they will take us to WW3. No wonder governments want a disarmed population!
