Turkey asks its citizens to swap their gold for pretty certificates - to be stored in national gold deposits... They reckon Turks have around 5,000 tonnes of gold stashed away in jewellery, coin & bars etc... Well, if YOUR govt asked you to swap yours for paper, you would, right?!?!? This wheeze is gonna run & RUN... Until the banks RUN! http://www.bloomberg.com/news/2012-...to-collect-gold-with-banks-hurriyet-says.html x
Sounds like national pawn! Give us your gold jewellery, here's a certificate for the gold, and a bank account balance in lira for it's value when you gave it to us.
Bargain! (NOT) The donor might at least get a kebab out of the deal... I love the smell of Turkish Lire in the morning... it reminds me of... national indebtedness. x
Because if the govt tells you they're pretty they must be pretty, in the same way that if they tell you they're worth something they must be worth something, right? x