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FSN: Prepare For War, Skyrocketing Crude & A Global Depression

Sunday, August 19, 2012 23:01
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

from King World News

Today Michael Pento warned King World News readers to prepare for war in the Middle-East and a massive surge in the price of crude oil. Pento also warned that the staggering surge in crude would usher in a global depression. Today Michael Pento writes exclusively for King World News to put readers ahead of the curve regarding these important geopolitical events and central bank actions.

Here is Pento’s piece: “Global central banks are getting ready to pump more liquidity into the system to mollify the negative economic effects resulting from the growing likelihood of a war between Israel and Iran. Bloomberg reported that Israeli Prime Minister Benjamin Netanyahu told U.S. Defense Secretary Leon Panetta on August 1st that “time is running out” for a peaceful solution to Iran’s atomic program.”

Continue Reading at KingWorldNews.com…



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