[RoosterRedux]

Just curious...but was this a withdrawal of cash from gold holdings (i.e. liquidation of gold stock/notes/certs) or what?

This was obviously not a withdrawal of gold bullion (or was it?).

[arthurus]

According to the piece it was.

[allendale]

HSCB bank in Britian is making it difficult to make cash withdrawals. The fear is that the surplus capital (deposits) of private individuals has been lent to the government in the for of bond purchases and that capital has been consumed with no real return on investment. There is a worldwide liquidity crisis. Chinese banks are sitting on the world’s biggest real estate bubble. They financed close to a trillion dollars of “ghost cities” that sit empty and are decaying.

[sten]

it was gold bullion

[Vermont Lt]

Bullion.