You are here

With cash gone, Danish banks no longer get robbed

Section: Daily Dispatches

From the Associated Press
via ABC News, New York
Tuesday, January 3, 2023

COPENHAGEN, Denmark -- For the first time in years, Denmark hasn't recorded a single bank robbery. There wouldn't have been much point.

Cash transactions in the Nordic country have become virtually obsolete, with Danes increasingly opting to use cards and smart phones for payments.

... Dispatch continues below ...


... ADVERTISEMENT ...

Storage and Withdrawal of Gold 
with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage.

With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage online around the clock. Storage rates are competitive. 

For more information, please visit Bullion Star here:

https://www.bullionstar.com/


The Danish bank employees' union today welcomed the news that 2022 had been robbery-free.

"It is just amazing. Because robberies put an absolutely extreme strain on the affected employees every time," spokesman Steen Lund Olsen said.

Finance Denmark, the banking sector's association, said only about 20 bank branches across the country have cash holdings. But then the number of bank branches has fallen from 219 in 1991 to 56 in 2021, it said.

News reports noted that cash withdrawals in Denmark have been dropping by about three-quarters every year for six years. ...

... For the remainder of the report:

https://abcnews.go.com/International/wireStory/cash-bank-heists-denmark-criminals-now-online-96120024

* * *

Toast to a free gold market 
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

http://www.gata.org/files/GATA-4-wine-bottles.jpg

Buyers can compose their case by choosing as many as four varietals from the list here:

http://www.gata.org/files/FayJWineryVarietals.jpg

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://tinyurl.com/3xt6uw66

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16