Turkey Asks Citizens To Swap Their Gold For Pretty Certificates...

Discussion in 'Gold' started by VRS, Jun 20, 2012.

  1. VRS

    VRS Well-Known Member Silver Stacker

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    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
     
  2. thatguy

    thatguy Active Member

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  3. goldpelican

    goldpelican Administrator Staff Member

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    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.
     
  4. VRS

    VRS Well-Known Member Silver Stacker

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    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.

    :eek: x
     
  5. dragafem

    dragafem Well-Known Member Silver Stacker

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    good to see you again here mister...always appreciate yr news:)
     
  6. bsides

    bsides Active Member Silver Stacker

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    how do we know the certificates are pretty?
     
  7. VRS

    VRS Well-Known Member Silver Stacker

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  8. VRS

    VRS Well-Known Member Silver Stacker

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    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
     

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