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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
Investment pro Charles Biderman says, “The U.S. government is printing $100 billion a month, and it’s not generating growth.” He expects “stocks to go down by 50%.” Europe is also a mess, and Biderman says, “It has trillions of dollars in debt that can’t be repaid.” Tax revenue is “nowhere near enough to pay government expenses.” So, he thinks, “Europe has to implode!” The U.S. will follow Europe, and that’s why Biderman thinks everyone should be holding physical gold. Join Greg Hunter of USAWatchdog.com as he, once again, goes One-on-One with Charles Biderman, CEO of Trim Tabs Investment Research.
Thanks to BrotherJohnF
2012-08-08 11:45:26
Source: http://silveristhenew.com/2012/08/08/charles-biderman-stocks-are-going-down-50/