Art Cashin: Expect Chaos in Markets If War With Iran Begins!
- War with Iran, my guesstimate, will start Aug-Oct 2012 time frame. I expect therefore that the Illuminists will trigger their global economic, financial and monetary collapse a few weeks before the war! This will not be a simple war. I expect the Illuminists to trigger their agent provocateurs, nihilists, Al CIAda terrorists on European and American soil ie. false flag terrorism.
Art Cashin – Expect Chaos in Markets if War with Iran Begins!
Today Art Cashin told King World News many people are concerned about history repeating itself in the form of sudden and sharp inflation. Cashin, who is Director of Floor Operations for UBS, (which has $612 billion under management), also said the Dow could see a 1,000 point move in a day if war breaks out with Iran. Here is what Art Cashin had to say: “I think what people are concerned about is there is an enormous amount of tinder, in that the LTRO in Europe put a lot of assets in the hands of banks who have temporarily parked it at the ECB. The same thing is true here in the United States.”
“The balance sheets of the various central banks have nearly tripled. Now, in history, that has often led to a rather sudden and sharp inflation. That’s what people are concerned about, will history repeat itself?
… for more click here!