IMF Warns Of Global DEBT CRISIS! – Gold Looks To TAKE OFF In 2019
- World Alternative Media Published on Jan 26, 2019
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent warnings of the IMF at the Davos forum after Christine Lagarde warned that with trade tarriffs, tightening financial conditions, a slowdown in China and a “no deal” on Brexit, the global economy is highly vulnerable and the global debt is rather catastrophic. She claimed that recession was not quite yet around the corner, but the fact that she even said that following years of nonsensical bullishness says a lot about the place we’re currently in. All the while, gold is appearing to make moves we haven’t seen in years. With a renewed interest in gold, there’s no doubt why.
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Historically, people have flooded to gold and even more notably, silver in the case of a financial crash or bubble. Well, as we see the everything bubble begin to burst… As we see a mult-quadrillion dollar derivatives bubble world wide, pension bubbles, real estate bubble, student loan bubble, a stock market slowdown, the yield curve inverting, interest rates rising and the dollar cracking at its foundations as countries throughout the world continue swapping out of the world reserve currency, we know what will likely hold up as it has throughout history. Gold and silver. The ratio is telling us just that right now! In the end it all comes down to independence and responsibility. We will continue covering this development closely.
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