Greyerz – This Ticking Time Bomb That Represents 1,070-Times All Central Bank Gold Will Trigger The Next Global Crisis
KingWorldNews.com
March 11, 2018
As we get ready to kickoff trading at the start of a new week, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that this ticking time bomb that represents a staggering 1,070-times all central bank gold will trigger the next global crisis.
Doing “God’s Work”
March 12 (King World News) – Egon von Greyerz: “According to Wikipedia, gambling is the wagering of money (or something of value) on an event with an uncertain outcome. Three elements are required for gambling, consideration, chance, and prize. Thus, you make a bet and if you are lucky you win a prize but you can also lose it all. Gambling has been around for thousands of years and maybe longer. The first 6-sided dice dates back 3000 years. Eventually gambling became more organized as casinos were established. The first well known casino was set up in Venice in the early 1600s…
Egon von Greyerz continues: “Casino means a small house and the house was the banker. The odds were naturally always in favor of the house and that has not changed for centuries. In the last 100 years, the bankers, or the House, have made fortunes, and especially in the last 25 years as market manipulation has taken massive proportions.
Over the last 100 years, governments and central bankers have made the investment markets into a casino, where the banker is the winner every time. First, the banker issues the money with the help of infinite leverage. Then he sets the conditions – interest rates, fees, terms, etc. To further improve his odds, the banker also manipulates markets so that they are always in his favor.
The Rest…HERE
