Quote Originally Posted by roberth View Post
I didn't see a dramatic movement in either direction either.

Cyprus isn't a watershed for the financial markets, it is a watershed for government confiscation of private assets that people do not maintain direct possession of. The lesson is that the government considers all monies to belong to the government and the government will take them when it sees fit. The only assets a person truly owns are the assets within a persons direct control, i.e. the safe in your basement.
exactly!!!!!!!!!!!!!

http://www.telegraph.co.uk/finance/f...one-chief.html