Paying to store your fiat?

[JadeDragon]

I've seen it all now. A Danish bank charges depositors interest to hold their money. Nestlé bonds go negative yield and German bonds sell at a premium to face plus all the coupons. What does this mean for the economy? Metals?

http://money.cnn.com/2015/02/25/investi ... index.html

[silverflake]

Not to sound repetitive but it means not only KEEP stacking, but stack faster!!!!!!!!

[fansubs_ca]

I gotta wonder at what point it becomes worth it for someone to open a
"cash warehouse" with an offer of "we'll store you cash for half what the
banks charge you to". No lending, just a big warehouse where you store
everyone's cash for a fee and a bunch of guys with guns to gaurd it and
the whole operation still costs less than the bank fees would have been
because of economy of scale.

I know this is basically what Brinks and some others already do but I
mean for someone to mass market it to the general public.

[JadeDragon]

Your typical person needs access to their money electronically. Businesses need to turn the cash. Around here it is tough to get a few thousand in cash out of a bank.

[AGgressive Metal]

I gotta wonder at what point it becomes worth it for someone to open a
"cash warehouse" with an offer of "we'll store you cash for half what the
banks charge you to". No lending, just a big warehouse where you store
everyone's cash for a fee and a bunch of guys with guns to gaurd it and
the whole operation still costs less than the bank fees would have been

Its called the nation of Switzerland

[fansubs_ca]

This isn't normal:



On NIRP it is.

Say no to NIRP!