Global Financial Meltdown
The German government has issued a warning to it’s people that they should all stockpile at least a three weeks worth of food because of some acclaimed “looming catastrophe”. Was Deutche Bank what embattled President Merkel was alluding to? Or is this failing bank just part of the picture?
Today as American markets collapsed amid the diplomatic ties being cut by Secretary of State, John Kerry, the value of the US Dollar surged compared to The Japanese Yen, The British Pound and the Euro.
Are we to believe that a mere 1% gain in the USD is responsible for the drunken monkey hammering of Gold and Silver Bullion, both down now to pre-brexit levels. This blatant naked shorting of the COMEX has been going on for decades, why should it stop now?
I have never before witnessed so much uncertainty in direction of the markets. I highly advise anyone who has money invested in paper assets, i.e.; Mutual funds, Stock markets, virtually anything that you cannot physically hold in your hand, get out now while you still can.
As you may already know, the market manipulation is coming to an end. China is on holiday this week, hence the central bankers taking the opportunity to pound precious metals into the ground. Is this going to be allowed to continue into next week? China isn’t going to be very happy about the price move in Gold, being they are now the world’s largest holder of such.
Very soon the fiat currencies will begin to fall like dominos. We are reaching the tipping point. Deutche bank is teetering on the edge, I believe they will be the first domino to fall, and when that happens, look out below.
Don’t be flushed out of the precious metals markets. China has the biggest financial bubble in the history of the world. It’s even bigger than America’s. However they do have all the Gold, and he who has the Gold makes the rules.
There will be a dramatic change in the monetary system in the years to come. It’s anyone’s guess what the new system may look like. One thing is for sure, it won’t look anything like this one. Fiat currencies have a ZERO % rate of success. This time around won’t be any different. The money we use in the future, other than free market bartering to start with, will have value. It will be backed by silver and gold once again. It will BE silver and gold once again. That’s the only sound investment you have today in order to protect yourself from the coming collapse.
And this week’s manipulation of the precious metals markets should be looked at as possibly the last chance to get in at these prices. I myself am getting ready to back up the truck. Friday afternoon should be the lowest we see these prices go. I’m going to start buying more incrementally each day this week.
Once China opens for business again on Monday we should be cleared for take-off. Unless Deutche Bank goes first. At any rate, I wouldn’t waste another day in acquiring some protection for you and your family from the coming collapse. First you must be sure to have at least a six month supply of food and water. Second, a way to protect your assets. Once that’s taken care of go and get some silver and gold from the local coin shop.
From where I sit, the latest the bubble will wait to burst is when President Trump is elected. This is going to affect world markets like Brexit did, but times 10.
