War on cash – Greek Cash Ban Escalates: ‘Permanent’ Stricter “Capital Controls” On 3 Million Pensioners, Civil Servants Imposed

Via Zerohedge:

  • “A shock-measure: civil servants and pensioners will be subject to stricter capital controls than the rest of the Greeks. They will be able to withdraw only €150 per week – with the cash withdrawal cap being €420 per week – that is a total of €600 per month. The rest of their wage or pension they will have to spend by using debit or credit card”
  • “For sure the biggest winner are the banks: first of all, they will keep longer the amounts of pensions and civil servants salaries. It could be 1-1.5 billion euro per month. Secondly, because they charge 2 euro per transaction via debit or credit card”

Read more here..

US Mint Sees Record Silver Sales In Q3 As Physical Demand “Is Absolutely Through The Roof”

Via Zerohedge…

  • The U.S. Mint sold 14.26 million ounces of American Eagle silver coins in the third quarter, the highest on records going back to 1986′
  •  ‘The global silver-coin market is in the grips of an unprecedented supply squeeze, forcing some mints to ration sales and step up overtime while sending U.S. buyers racing abroad to fulfill a sudden surge in demand’

Read more here…