Bank closes bullion dealers accounts

Discussion in 'General Precious Metals Discussion' started by DJE, Sep 20, 2023.

  1. DJE

    DJE Active Member

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  2. Michael Kay

    Michael Kay Active Member

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    This is classifieds section. You shouldn't be posting here.
     
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  3. DJE

    DJE Active Member

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    Thanks, my mistake
     
  4. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I know 2 cases in Sydney alone.
     
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  5. Michael Kay

    Michael Kay Active Member

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    This is disturbing. Apart from the cashless society/big brother argument, what would be the reason?

    Fearing bank runs? Or that they aren't making enough money off then?
     
  6. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Governance. Why risk the spotlight when you can just shaft anyone in the alternate economies.
     
  7. Michael Kay

    Michael Kay Active Member

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    In both the US as well as AU? The article is USA
     
  8. Michael Kay

    Michael Kay Active Member

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  9. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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  10. Seedcoin

    Seedcoin Well-Known Member

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    Thats like the mainstream media doesn't do the same? Even Elon said they are running out of "conspiracy theory's " as they are all be shown to be true!
     
  11. Michael Kay

    Michael Kay Active Member

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    Question everything.

    There are levels of media quality, but a site like this meth pipe.

    Elon is also crack pipe. He wants us to believe that he was a self made man, or that he founded Tesla.
     
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  12. Golden Stash

    Golden Stash Well-Known Member Silver Stacker

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    Just got an email from Bullion Store in Australia stating this

    “Due to the changing landscape in the bullion industry, our previous bank has taken the decision to close our company's account in response to the ongoing "war on bullion/cash." We want to assure you that we are continuously working to ensure your convenience.”

    They were with the CBA but are now with ANZ
     
    Last edited: Sep 22, 2023
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  13. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Trying to close the exits.
     
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  14. Davros10

    Davros10 Well-Known Member Silver Stacker

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    And not hard to do. How many Bullion dealers would there be in Australia? 10? 15?
     
  15. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Be careful navigating the coming treacherous waters with your stack, you don't want to lose it overboard in a boating accident like I did:eek:

    R.jpg
     
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  16. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    I don't know why they'd care if people want to buy some old rock haha. Makes no sense.

    It's not money they say.
     
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