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« In Major Victory For Gold And Silver Traders, Manipulation Lawsuit Against Gold-Fixing Banks Ordered To Proceed | Main | John Embry – The Fundamental Attraction of Gold »
Thursday
Sep292016

THE WORLD IS ON THE EDGE OF A DEFLATIONARY BLACK HOLE

The world economy is now at its most dangerous point in history. In virtually every major country or region, there are problems of a magnitude which individually could trigger a collapse of the financial system. Because of the interconnectivity of the system, when the first domino starts falling, there is zero possibility to stop all the other unstable dominoes from crashing one after the other in quick succession.

The world is now staring down a deflationary black hole that is on the verge of sucking into it all global debt of $250 trillion plus unfunded liabilities and derivatives of another $2 quadrillion or so. That would be the end of the financial system as we know it. Governments and central bankers around the world are of course totally aware of this and are standing with their fingers ready to push the button for the biggest money printing bonanza that the world has ever experienced.

Deutsche Bank worse than Lehman

Look at Europe – Deutsche Bank, which is one of the biggest in the world, is valued at less than.....

read more...

You might want to keep your gold and silver outside the banking system.....

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