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DBS stake in Lehmann insignificant?

TeeKee

Alfrescian
Loyal
are you kidding me?

i mean if it is so insignificant why even talk about it?

spore depositers have been screwed once again...lol..

what you mean they only gaurantee 20K deposit in DBS? lol..
 

halsey02

Alfrescian (Inf)
Asset
are you kidding me?

i mean if it is so insignificant why even talk about it?

spore depositers have been screwed once again...lol..

what you mean they only gaurantee 20K deposit in DBS? lol..

That means you would be a fool to place more than 20k there, more than that, the bank goes leg up, you looses all your legs!..you get only maybe, 20K...so, place all you money uder your bed...:biggrin: ha ha ha ha

No joking, the interest rate is so damn low....you want to part hmm I mean park your money in the bank?
 

pia

Alfrescian
Loyal
what you mean they only gaurantee 20K deposit in DBS? lol..

This means if the bank goes under, we get 20k? Or if there's a run on the bank before that, they'll restrict your withdrawal to 20k?

Kindly advise.. this may mean opening new accounts quickly or stashing cash at home now :biggrin:
 

halsey02

Alfrescian (Inf)
Asset
This means if the bank goes under, we get 20k? Or if there's a run on the bank before that, they'll restrict your withdrawal to 20k?

Kindly advise.. this may mean opening new accounts quickly or stashing cash at home now :biggrin:

Buy gold 999.9% ok 99.9% gold, hold!, any collapse of any financial system, you still can use gold as a currency!
 

pia

Alfrescian
Loyal
Buy gold 999.9% ok 99.9% gold, hold!, any collapse of any financial system, you still can use gold as a currency!

Already doing that :biggrin:
But as with all metals, we can only assume that supply is diminishing and that there's no new technology impact which will affect that e.g. deep ocean mining becomes commercially viable, and supply increases manifold.

Recall aluminium was more expensive than gold at a time until they discovered a new extraction method, plunging its price overnite. Trivia: the Washington Memorial is topped off with aluminium, not gold, because at that time, aluminium was a precious metal more expensive than gold.
 

TeeKee

Alfrescian
Loyal
Already doing that :biggrin:
But as with all metals, we can only assume that supply is diminishing and that there's no new technology impact which will affect that e.g. deep ocean mining becomes commercially viable, and supply increases manifold.

tell me where you live? i don't want to stay in your block, scully collapse how?
 

annexa

Alfrescian
Loyal
Bro, the contracts so so complicated now, you never know gold might ganna also. End up the whole financial market will screw up. Good luck to those graduating from Business Degrees these few years.
 
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