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« Dollar Due For A Correction, All Eyes On Fed - Frank Holmes | Main | Greece Turns up Heat Back on Germany »
Sunday
Mar152015

Billionaire Eric Sprott Just Made The Most Terrifying Prediction Of 2015

Today billionaire Eric Sprott warned King World News that the entire global financial system is now facing the greatest danger in history.  He then issued the most dire prediction of 2015.


Eric King:  “We had (the stock market collapse) of 2001 – 2003.  Then we had (the more intense collapse of) 2007, 2008, 2009.  The next one (collapse) is going to be worse because that’s just how these cycles progress.  As you know, they (seizures in the global financial system) get more violent and the collapses become more and more intense.  People couldn’t imagine it would get worse than 2001 – 2003, and yet we had 2007 – 2009.  This one that’s in front of us, I’m assuming it's going to be the mother of all collapses.”

 

Eric Sprott:  “Two words that come to my mind, Eric, ‘No bid.’  In other words, if you take the central planners out of the market, there is no bid….


Continue reading the Eric Sprott interview pleasew click here


 

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Reader Comments (2)

Well Eric Sprott has been wrong with all his prediction over the last 5 years so let us hope he is wrong again . The use of high speed computers to quickly suspend trading in markets is something that did not exist in the past so we shall see how they cope in any attempted sell off

March 15, 2015 | Unregistered Commentersilver bug

Yes indeed some of the perma-gold bulls have had the same mantra all through this decline and goodness knows just how many times the bottom has been called.

As for taking the central planners out of the market and getting a No Bid situation, I cant imagine that they would be restricted in such a manner.

March 15, 2015 | Registered CommenterGold Prices

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