Preparing For Financial Armageddon
April 16, 2017
As people in the United States and around the world celebrate Easter, today the man who has become legendary for his predictions on QE, historic moves in currencies, warned King World News that the world is now entering the most dangerous and terrifying period in over 70 years.
Egon von Greyerz: “How can ordinary people ever understand the importance of gold when they are continuously fed with false and distorted facts. The latest publication to publish false and ignorant propaganda on gold is the British weekly magazine the Economist. The article begins with a graph of gold starting in September 2011. Anyone who knows anything about gold recognizes that this is the time when gold reached a peak of $1,930. Between 1999 and 2011, gold had gone from $250 to $1,930, which is an increase of almost 700%. During the same period, the Dow was virtually unchanged and the UK index, the FTSE 100 was down 3%. So while gold was up 8-times during those 11 years, stock markets were static, but the journalist did not mention this. Instead, he starts the graph at the very top of gold after an 8 year rally.
In my KWN interview last week I talked about “Lies, Damned Lies and News” and this is the perfect example of the most blatant lies and misinformation that we find in the media today. This has now gone so far that I and many others don’t trust anything we read in the papers or hear on television or radio. And how can you when journalists either deliberately publish biased and false news, or by sheer incompetence cannot bother to find out the true facts?…