Revealed: Doug Casey’s Next Crisis Investment—Cyprus

“Massive fortunes have been made throughout history with crisis investing, by which astute investors took advantage of the semi-hidden opportunities wrapped in an outward cloak of apparent danger in crisis markets.  Case in point: Cyprus.  One important catalyst I recommend you keep an eye on is the relisting of the restructured Bank of Cyprus. The stock likely will start trading sometime in early 2014. This could be an excellent opportunity, since many ex-depositors are likely to ‘hit the bid’ and be done with their misadventure. Owning a country’s premier bank—especially after it’s been chastised by a near-death experience—can be a profitable speculation.”

https://www.internationalman.com/78-global-perspectives/1067-revealed-doug-casey%E2%80%99s-next-crisis-investment%E2%80%94cyprus

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