Peter Schiff and Bill Holter: Tanking US Economy Has Much Further To Fall

Tuesday, May 10, 2016
By Paul Martin

BY VOICE OF REASON
THELASTGREATSTAND.COM
TUESDAY, MAY 10TH, 2016

>“What we’re looking at is an event that you’re not going to be able to recover from… If this market snaps and the markets close and you’re not in position, you’re out for the rest of your life.” – Bill Holter

That is how Bill Holter opens the first 15 seconds of the first video below. If an introduction like THAT, from a person like Bill Holter, is not enough to wake up even the most bullish skeptic to the point of at least being willing to examine the evidence of a looming massive economic collapse, I’m almost inclined to say they deserve what they have coming. Unfortunately, in too many instances the same people so quick to exercise contempt prior to investigation, and the same people who refuse to even look at the facts presented, have other mouths to feed besides themselves. It’s their dependents that really need our prayers.

Referring to the first video below with Bill Holter, and perhaps for the sake of the dependents I just mentioned, Mac Slavo of SHTFplan.com comes right out and says:

“It contains information you absolutely must share with your friends and family, no matter how closed-minded they are, no matter how many times you may have tried to warn them in the past.”

I’ll let you listen to the video for yourself, but if you’ve followed any of the many posts I linked to at the bottom, you’ll hear a very familiar theme emerging. Referring to how quickly the price of silver has been rising, Holter says it appears as if the physical markets for precious metals are starting to overpower the western paper markets. What he’s referring to is the same derivative contracts spoken about so often by Peter Schiff and Dr. Jim Willie. In several recent interviews since April 28th, Dr. Willie has repeated a comment I first reported in Dr. Jim Willie: “Violent Gold and Silver Breakout” Coming to Economic Markets:

“As Dr. Jim Willie recently observed, “On individual trading days, more gold changes hands within contract trading (paper shuffling) across the London market than all the available gold in the world. Yet no metal moves anywhere, in a grand charade.” — (Source: “Jim Willie on Gold Breakout,” Silver Doctors, April 28. 2016.)

The Rest…HERE

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