I have moved $25K in the last 3 weeks with no problem (between banks and brokerage accounts).
Do you have a credible source for this news?
Try doing that in China.
I don’t know if this helps but here’s another link:
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*snip*
Just Damn!!
Found that stinker!
http://www.zerohedge.com/news/2014-01-24/jpmorgans-gold-vault-has-biggest-one-day-withdrawal-ever
Have NO IDEA how credible this news source is, (caveat emptor.)
OTH, if it is accurate, something evil this way comes.
27 posted on Sunday, January 26, 2014 5:17:26 PM by ConradofMontferrat
The Federal Reserve has printed a huge amount of currency as “quantitative easing” Hence your deposits are “safe” for the moment but that is not to say that American banks have not done essentially the same squandering of capital as the Europeans and Chinese. The US liquidity crisis is papered over and eventually your dollar deposits will be worth less unless there is spectacular real economic growth. The Europeans are squeezed because Northern European countries that have a high savings rate have successfully resisted to date the printing of euros.
take it out in cash , then take it to another bank and deposit it. Let me know if you have "any problems".
China has been pumping billions into their economy over the past couple of weeks.
Hey have needed to inject liquidity into their banking system almost every night.
It is pretty much a China thing, but the fear is of a contagion.