If This Continues The Currencies Will Literally Collapse!!

- If This Continues The Currencies Will Literally Collapse!!
by www.kingworldnews.com
With global markets under pressure, today acclaimed commodity trader Dan Norcini warned King World News that if the current central bank policy of manipulation continues, confidence in the currencies is literally going to collapse. Norcini also spoke about the gold and silver markets and provided an astonishing chart that all KWN readers globally must see. Below is what the acclaimed trader had to say.
–
Norcini: “If what we are currently witnessing continues, confidence in the currencies will collapse. St. Louis Fed Member James Bullard said today, ‘Inflation is running low. I’m getting very concerned about that. If inflation gains continue to go down I would be willing to increase the pace of the purchases of bonds that the Fed is now engaged in.’
–
This is exactly what the Bank of Japan has been saying, Eric. This is why they have declared an all-out war against the deflationary forces which have had a grip on their economy for over 20 years now….
….
But if the central banks’ answer continues to be buying more and more bonds and printing vast sums of money to accomplish that, at some point a trigger event will occur and confidence will be lost in those currencies and they will literally collapse. That is the scenario we are now facing because of the reckless behavior of central planners.
–
read more!
end
