Safes & 1,000 Franc Note Demand Soars in Japan As NIRP begins

SydneySilver said:
http://www.zerohedge.com/news/2016-...note-demand-soars-nirp-triggers-cash-hoarding
Thoughts? Would we see this in Australia if a negative interest rate policy were to come into effect?
Click to expand...

JapanSafes_0.png


If everyone buys Sentry Safes from Bunnings then I predict a break'n'enter frenzy country wide. Wesfarmers stock will soar.
But negative interest rates here are so far off happening it's not worth pondering. The market will return from negative sillyland before we hit it.
 
SilverDJ said:
SydneySilver said:
http://www.zerohedge.com/news/2016-...note-demand-soars-nirp-triggers-cash-hoarding
Thoughts? Would we see this in Australia if a negative interest rate policy were to come into effect?
Click to expand...

http://www.zerohedge.com/sites/default/files/images/user92183/imageroot/2016/02/09/JapanSafes_0.png

If everyone buys Sentry Safes from Bunnings then I predict a break'n'enter frenzy country wide. Wesfarmers stock will soar.
But negative interest rates here are so far off happening it's not worth pondering. The market will return from negative sillyland before we hit it.
Click to expand...

in other news sales of crowbars doubled overnight..
 
kramer said:
in other news sales of crowbars doubled overnight..
Click to expand...

Wesfarmers have that market cornered too.
Do I sense conspiracy by the powerful elite who own Wesfarmers? :o
 
SilverDJ said:
kramer said:
in other news sales of crowbars doubled overnight..
Click to expand...

Wesfarmers have that market cornered too.
Do I sense conspiracy by the powerful elite who own Wesfarmers? :o
Click to expand...

Dammit, they sell the bolts and drills too. No doubt about it now...
 
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