Socio-Economics History Blog
Socio-Economics History Blog
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My own forecast calls for gold to hit US$2,000/oz by year end. I expect to see US$65-75/oz silver. I expect QE3 to be announced this month. They may mask it by calling it another name. But everyone with half a brain will know! – The Imminent $2.5 Trillion Debt Ceiling Hike Will Unleash A Gold …
Putin is correct. Unfortunately, the rest of the world are enabling this parasite. The Asian exporting economies in particular are guilty of financing this prodigal son. When America does a stealth default, inflating away its debts via QE to infinity, countries all over the world will bear the consequences. China in particular with its US$1.5T of …
It is impossible for me to tell you which of the last 5 straws will break the camel’s back. Does it even matter? The camel’s back will break. The world is heading towards a global economic, financial and monetary crisis. I am of the opinion that it will be a ‘big bang’ and not a quiet fading …
The sovereign debt crisis is coming closer and closer. The Illuminists snakes want a collapse starting in the PIIGS which will cascade to UK, Japan and finally America. This will destroy all the major fiat currencies of the world. China and the rest of Asia (and the rest of the world) will not escape this …
The political charade for the past few weeks is meaningless. Nothing has changed. More debts are being pile upon existing debts. It will create an even bigger sovereign debt collapse eventually. All the talks of deficit reduction are false. Congressman Ron Paul explains (emphasis mine): – When a Cut is Not a Cut by Ron …
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[vodpod id=Video.14322367&w=425&h=380&fv=] Over the top political theatre. How does rasing the debt ceiling solve the debt problem? It doesn’t. It is meaningless. The question is who is going to buy the debt? The Federal Reserve will create money out of thin air to buy this debt! QE3 is coming in a few weeks time! end
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