Selling-buying Silver/Gold in Cyprus.

Discussion in 'Silver' started by Lentman, Mar 27, 2013.

  1. Lentman

    Lentman New Member

    Joined:
    Sep 9, 2012
    Messages:
    9
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    Does anyone have got some inf. how was the
    Silver- Gold market behaving at Cyprus/ as the banks were closed and cash flow restricted.
    And stackers were trying to sell gold at pawn shops, dealers etc. ???
     
  2. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Be interesting to hear this.

    I believe the Greeks have a history of keeping gold sovereigns on hand, so I wonder if trait is shared by the Cypriots?
     
  3. stellaconcepts

    stellaconcepts New Member

    Joined:
    Oct 2, 2010
    Messages:
    502
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia

    Massive gold culture in cyprus. its 1/2 turks and 1/2 greeks... both of which have a strong gold culture much like the indians.... however to answer the OP's question, I doubt anyone could pawn anything because where would the pawn shop owners get their cash from!?
     
  4. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Like this bloke?

    [​IMG]
     
  5. worldbubble

    worldbubble Active Member

    Joined:
    Apr 10, 2012
    Messages:
    1,666
    Likes Received:
    14
    Trophy Points:
    38
    Location:
    Japan
    cash is not a problem nowadays
     
  6. whinfell

    whinfell Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2012
    Messages:
    3,322
    Likes Received:
    174
    Trophy Points:
    63
    Location:
    Australia
    "The trusted way to get money today" ...

    [​IMG]
    Source: SMH
     

Share This Page