- If you are not convinced still that the world is heading towards a global financial, economic and monetary collapse, read what Keith Barron has to say!
Barron – This is Financial Armaggedon, Lehman x 1,000!
Today one of the legends in the gold world told King World News what we are looking at right now is “financial Armaggedon.” Keith Barron is responsible for one of the largest gold discoveries in history and consults with major gold companies around the world as well as international brokerage houses. Barron described the current situation as “Lehman times 1,000.” Here is how Barron described the financial nightmare: …..
We are looking at financial Armageddon. This is just awful, Lehman times 1,000. This is why they are going to all of these crazy extremes and calisthenics to make it seem like Greece is not defaulting so the bond insurance doesn’t kick in. They are trying to call it ‘an organized settlement.’ But a default is a default. This will ultimately end up in the courts.
You have to consider that if Europe is going down, then the euro is going to turn into Monopoly money. It’s going to be rubbish. I would avoid anything that is euro denominated like the plague. The Americans could be left holding the bag with a lot of this. …. You have the potential here to see multiple Weimar type hyperinflations. People may say I’m alarmist or crazy talking about this, but I’ve lived in many countries in South America and I have seen various currencies go to zero. I’ve seen it many times.
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