Santander bank runs?

Rollinghome

Killerseven wrote: »

dont buy gold there are millions of tons of it, seriously gold is not rare at all.

I strongly recommend you move all your investments into Bolivian unicorn farming. Very rare apparently and the world will always need unicorn horns. That man at the bus stop told me.

Of course that advice is subject to the same disclaimer as the King World News site:

"King World News Dislaimer

King World News makes no warranty or guarantee as to the accuracy or completeness of information provided here or on links from this or any other page within our website."
http://kingworldnews.com/king-world-news-disclaimer/

Killerseven

colsten wrote: »

It's rare where I am, so should I be buying?

the world gold council says all the gold in the world is 180K tons, this is rubbish, The gold standard institute says its nearer 2.5 million tons.

here was a good summary http://www.bbc.co.uk/news/magazine-21969100

gold is not as rare as the gold bugs would have you think.

Killerseven

So what if we discovered one day that gold is NOT very scarce? That cube of available gold is well over 25M some are saying its much larger. And that cube of available silver bullion is now much smaller than 18M?

What then all you Gold Bugs? Would you stop being a Gold Bug? Would you change your opinion on the "value" of gold as a monetary metal? Would you PANIC to try and get out of Gold and into something that truly is scarce?

From many experts research Gold is not scare at all...as in MILLIONS of TONS are already in play.

colsten

Killerseven wrote: »

gold is not as rare as the gold bugs would have you think.

Thank you, I never knew that. I'll put my £1.8m gold purchase on ice then.

Talking about ice - that's getting quite scarce now, isn't it, with all that global warming and stuff, so it should be rising in value. What do your sources say about ice, is it a safe investment? It should be, really as it is getting scarce.

Gadfium

colsten wrote: »

Thank you, I never knew that. I'll put my £1.8m gold purchase on ice then.

Talking about ice - that's getting quite scarce now, isn't it, with all that global warming and stuff, so it should be rising in value. What do your sources say about ice, is it a safe investment? It should be, really as it is getting scarce.

Forget gold, helium is where it's going to be at. Non renewable, crucial for a whole host of applications, being wasted at an enormous rate.

http://www.independent.co.uk/news/science/a-ballooning-problem-the-great-helium-shortage-8439108.html
http://www.theguardian.com/science/2012/mar/18/helium-party-balloons-squandered

jimjames

Gadfium wrote: »

Forget gold, helium is where it's going to be at. Non renewable, crucial for a whole host of applications, being wasted at an enormous rate.

http://www.independent.co.uk/news/science/a-ballooning-problem-the-great-helium-shortage-8439108.html
http://www.theguardian.com/science/2012/mar/18/helium-party-balloons-squandered

I wouldn't call talking like mickey mouse wasting it....

dealer_wins

How to people with such low intelligence get to use the internet?

FOREVER21

colsten wrote: »

Thank you, I never knew that. I'll put my £1.8m gold purchase on ice then.

Talking about ice - that's getting quite scarce now, isn't it, with all that global warming and stuff, so it should be rising in value. What do your sources say about ice, is it a safe investment? It should be, really as it is getting scarce.

Ice. Careful now your account might be frozen.😨

LXdaddy

“This started a bank run at Banco Santander. As much as 30 percent of the deposits in the U.K. were immediately withdrawn. So this was of course a very big event "

Archi_Bald wrote: »

:rotfl::rotfl::rotfl::rotfl:

This is almost as good as the Burrrrming-haaam No-Go Zones.

Aside from that, this story is also ancient. Apparently the run on Santander happened sometime before January 18 2015, the publication date of that claptrap.

I am so glad our american bretheren have made us aware of the run on Santander as we would have missed it otherwise.

Oh oh - I know what happened - this (almost) exactly coincides with when I withdrew (almost) exactly 30% of our funds in Santander to buy Pensioner Bonds.

Wow - that 'king world news site had the foresight to predict the mass withdrawal that George Osbourne's bribe for OAP votes would cause. ("it's only fair")


oh oh - reality check needed - what a load of balderdash.

mikb

FOREVER21 wrote: »

Ice. Careful now your account might be frozen.😨

Shudder. Don't talk about Savings and Ice in the same sentence