Greeks Can’t Tap Cash, Gold, Silver In Bank Safety Deposit Boxes

Many Greeks were also withdrawing their cash because they fear the country might be forced back onto the drachma. However a little known fact is that, Greeks who had prepared for bank runs by withdrawing cash and buying gold and silver bullion and then lodging that bullion and indeed cash into safety deposit boxes have also been caught up in the draconian capital controls. We have warned about this for many years and warned as recently as April this year that people should avoid using safety deposit boxes in banks.