All Hell Is About To Break Loose As The World Hurtles Into Chaos And Unprecedented Levels Of Fear
- All Hell Is About To Break Loose As The World Hurtles Into Chaos And Unprecedented Levels Of Fear
by www.kingworldnews.com
… I fear that this coming September – October all hell will break loose in the world economy and markets. A lot of factors point to that, both fundamental and technical indicators and this indicates that we could have a number of shocks this autumn.
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Sadly, most investors will hold stocks, bonds and property and will see any decline in value as an opportunity. It will be a long time and a very big fall before they realize that the system will not help them this time because the central bankers have run out of ammunition to save the global financial system one more time. Yes, we will see more massive money printing, but it will just make things worse. And at some stage, which could be quite soon, real fear will set in, a fear of a magnitude the world has not experienced before.
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What’s now happening with the yuan will spread to country after country, with an accelerated devaluation of all currencies in their race to the bottom as they try to gain a competitive advantage. This will result in the destruction of all paper currencies.
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The collapsing currencies with all the money printing will turn the current deflationary phase into a hyperinflation. But even during the hyperinflation we will see a deflationary collapse of all bubble assets such as stocks, property and bonds.
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This is why investors must be protected against the unprecedented risks, which are of nuclear proportions. It’s therefore a must to hold physical gold and maybe some silver outside of the banking system as insurance against these risks.
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