Robert Fitzwilson: Event that will “Shock the Financial System” and Set the Stage for a “New Financial World Order!

• The World Has Never Seen Anything Like This In History! 
  by www.kingworldnews.com
  On the heels of incredibly turbulent trading in key global markets, today 40-year veteran, Robert Fitzwilson, put together another extraordinary piece.  Fitzwilson, who is founder of The Portola Group, warned that the world is about to see an event that will “shock the financial system,” and set the stage for a “New Financial World Order.”  Below is Fitzwilson’s exclusive piece for KWN.
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  Last week may have marked the beginning of a serious reversal of any gains realized during the last four years.  It was reported that the bond market had the worst week in 50 years, with the 10-Year Treasury rate at 2.50%.  Having lived through the 1970s, when Treasury rates were in double digits, if we think this past week was bad, prepare to be really shocked if rates continue upward in any manner which closely resembles that period (of the 1970s).  A secular rise in rates theoretically could be described as manageable, but a rapid and dramatic rise in rates will shock the financial system.
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  While Western governments might succeed in further artificial declines in gold and silver prices, their agenda has now clearly been exposed for the world to plainly see.  Underneath the blatant manipulation there is a frantic scramble by sovereign wealth funds and Eastern central banks to acquire the physical metals at extraordinarily discounted prices.
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  Far from a broad distribution of wealth that fosters economic growth, the benefit has only been to a few.  And the harsh reality is that wealth has been squandered on ridiculous prices for art, trophy real estate and bank bonuses, instead of productive assets.  This week and next week could very well tell the tale.  We might be very close to a “New World Financial Order.”
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