Nigel Farage – Europe is Collapsing, Buy Gold & Expect QE
June 7, 2012
On the heels of Fed Chairman Bernanke’s comments, Spain being downgraded and key meetings taking place in Europe, today King World News interviewed MEP (Member European Parliament) Nigel Farage, to get his take on the ongoing crisis. Farage told KWN that “when I look into the eyes of the leaders of Europe … what I’m seeing now is madness, absolute, total and utter madness.” Farage also discussed the action in the gold market, but first, here is what Farage had to say about the deteriorating situation in Europe: “Of course, over the last couple of years we’ve had two bailouts of Greece, a bailout of Ireland, Portugal. We’re now on the verge of needing a bailout in Cypress, but perhaps more significantly, a bailout in Spain.”
Nigel Farage continues:
“There is all sorts of twisting and turning going on with the Spanish saying, ‘Please save our banks, but don’t put us under the austerity measures that you’ve put the other countries under.’
If one looks globally, we’ve got people like David Cameron, and importantly, President Obama, who are basically saying, ‘The euro project must be saved. It must be saved at all costs.’ ….