Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (177548)	3/30/2013 9:58:12 AM
From: Big Dog	Read Replies (1) \| Respond to of 206159

I wouldn't call those percentages "a lot". Look at the two end numbers for Jan/Feb 2013. They add up to 2.2%. Edit: That's a mistake by me. The 2.2 is billions of euros, not a percentage. I'm not sure what total deposits are. From FT: Some 18 per cent of the deposits held in Cypriot banks by residents of other eurozone countries were pulled out in February, according to figures published on Thursday by the Central Bank of Cyprus. Such deposits in Cyprus have fallen 41 per cent since last June to €3.9bn, the data show. ft.com big

To: kidl who wrote (177548)	3/30/2013 2:54:23 PM
From: kollmhn	6 Recommendations Read Replies (1) \| Respond to of 206159

Zerohedge loves conspiracy theories and articles to "support" them. Often full of crap which is why I don't read the site (unless it's put under my nose). "Deposits have a weak start in 2013." Correct. However, eyeing their own chart shows me a negative flow every January. This January was larger than most as was Feb. Any surprise that deposit flows are weak? The "leak" in Feb that led to 1.2 billion flowing out, followed what must have also been a "leak in January, which lost 1.0 billion. Do they really think such a "leak" could be kept quiet for two months yet somehow they got the word to the big depositors? Hardly. Third, I don't know the figure but I believe Cyprus deposits ran over one hundreds billion. (Moody's estimates that approximately 25 percent of total deposits in Cyprus belong to Russians, or some $31 billion worth of deposits in Cypriot banks). Is 2.2 billion flowing out a major concern? More like a pimple, imo.