Complete Collapse
By Turd Ferguson
GoldSeek.com
Thursday, 15 January 2015
The destruction wrought by the endless creation of fiat money is reaching a terminal phase. As spreads and carry trades are unwound, the effects have been devastating to individual commodities and this will soon spill over the entire global “economy”.
This site and others have been chronicling the decline on crude oil for over six months. What started as a selloff/correction, perhaps initiated as a covert sanction regime against Russia, has become an outright bloodbath. Prices have fallen from $108 to $44 in seven months…nearly 60%!…and the impacts, the unknown unknowns and unintended consequences are just now coming over the horizon. On a price chart, it looks like this:
The Rest…HERE
