And more importantly, what happens when it ends??
David Morgan says the spike in Bitcoin shows people worldwide are escaping fiat currencies.
Unlike gold and silver, Bitcoin can’t be shorted. If gold and silver prices weren’t manipulated, he says, also they would be skyrocketing right now.
Candidly I find this story to be an interesting metaphor for the United States itself.
Rise from the ashes. Remarkable growth. Peak wealth and power. Bankruptcy. Gross negligence and incompetence. More bankruptcy. Terminal decline.
Pay attention to the rapid ascent in the crypto currencies…The really big issue is what comes after. I have long said that there will come a day that you will not be able to buy precious metals with U.S. dollars. That day is approaching…”
Derivatives Expert Rob Kirby Explains How the US Bond Market Has Become the BIGGEST FINANCIAL HOAX ever perpetrated on mankind:
Here’s something I’ve been learning. If something innocuous comes out of nowhere and all-of-a-sudden is covered by the mainstream Fake News media as though it is the apocalypse… it’s all planned and done for a reason.
That “fiscal bloodbath” is going to be the first domino to fall before the stock market and the bond market crash.
Could the Remonetization of Silver Really Be the END GAME?
The correction has begun…
The household debt statistics show a consumer that is buried in debt and will likely begin to default on this debt – credit card, auto, personal, student loan and mortgage – at an accelerated rate this year. The delinquency and charge-off statistics from credit card and auto finance companies are already confirming this supposition:
The END Has Arrived…
What would it look like if the central banks and the elite lost control of the markets and interest rates and the derivative market?
Jim Willie Breaks Down the Collapse of the Petrodollar, & Is JPMorgan About to Leverage Their Silver Stockpile to REVALUE SILVER MASSIVELY HIGHER?
Venezuela and Yemen were both once very prosperous nations, but now parents are literally watching their children starve to death as the economies of both nations continue to utterly collapse.
Just like so many here in the United States, most of those living in Venezuela and Yemen would have called you completely crazy if you would have warned them that this was going to happen five years ago. In particular, Venezuela has more proven oil reserves than almost anyone else on the planet, and so to most of their citizens it was unimaginable that things could ever get this bad. But it has happened, and the collapse that has already begun in parts of South America, Africa and the Middle East will soon spread elsewhere.
“This is the greatest sucker’s rally we have ever seen.”
If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017:
If loan origination continues to fall off like this, and it likely will, bank earnings will plunge.
But it gets worse:
One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry. We just got sales figures for the month of April, and it aint pretty:
Former White House Budget Director David Stockman is sounding the alarm: “The main thing is get out of the markets. These markets are unstable. They’re rigged, and there is no reason to own stock at this point of the game…The Fed has finally run out of dry powder. They are out of the bond buying business. They are even talking about the initiation of the shrinkage of their balance sheet. The central banks are finally getting to the end of the road. There isn’t going to be any more money printing, and that is going to leave a giant mess on the doorstep of all the fiscal authorities. It’s going to make the bond market a particularly dangerous place. There is a $100 trillion global bond market, and this is the biggest bond bubble the world has ever seen. Get out of the stock market. Get out of the bond market and buy some gold.”
Have globalists designed the coming failure of the US-Dollar Based Reserve Currency, which is already showing severe signs of stress & weakness?
Derivatives Expert Rob Kirby Warns We Are Hurtling Towards Conflict Of An Unimaginable Scale:
Silver Expert David Morgan Warns We Are Poised on a Precipice FAR Graver Than in 2008…
Until the system implodes–you’re a genius….
This is why the EU is doomed: