| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
No Time Left, Gold & Silver To Go Sky High
Either something huge is coming to the financial markets, or something huger, or even huger yet lurks.
Consider the following, though not close to being all inclusive of the warning signs riddled throughout the global geopolitical-financial landscape.
- George Soros dumps stocks and loads the boat with gold
- John Paulson has nearly half his portfolio invested in gold
- PIMCO recommends gold
- Chinese importing record-high shipments of gold
- U.S. Mint sold 191 times silver ounces to gold ounces for 1st week of Aug.
- Spanish bonds drop nearly 200 basis points within two weeks
- Baltic Dry Index makes fresh all-time lows.
- The German, Dane and Dutch people balk at PIIGS bailout
- U.S. and China economies are rolling over; Europe in depression
- Israel’s allegedly insane PM may trigger WWIII with Iran
- Invasion of Syria likely
- U.S. government preparing for revolution
- Lyndon La Rouche says threat of nuclear war the highest since Bay of Pigs
- Rule of law unofficially suspended in the United States
- Gun sales and “prepper” industry go vertical
And all of those troubling events, and many more, are unarguably traced to a coming collapse of the U.S. dollar. The world has been dependent upon the dollar for trade and banking reserves for 68 years, and it’s removal as a working global exchange vehicle cannot lead to anything favorable, financially or politically. History tells us so.
Adding to the chorus of dollar collapse prognosticators comes the folks at Charles Nenner Research Center, an outfit that’s been on a long winning streak of successfully predicting with astounding accuracy the cycles of the gold market, currencies and equities.
Nenner warned of an intermediate top in gold as it crossed $1,900 and not to expect anything too troubling for the euro during drama surrounding the crisis in Greece.
Though not as well-known as heavyweights John Taylor of FX Concepts or the parade of guests of Eric King’s King World News, Charles Nedder’s work deserves a fair amount of attention.
MORE HERE
Netanyahu isn’t insane. It’s Ahmadinejad that’s threatened Israel and the US with nuclear annihilation. Let’s go over it again: Israel is a Jewish democracy. Iran is a muslim dictatorship. Maybe you saw the word “Jewish” and assumed the Israelis were the bad guys.
Retard. You’re saying israel is a democracy? head out the ass plz.
You forgot to mention the violent strikes in various gold/platinum mines in south africa which look like the conflict is going to last some time.