The Financial System Could Fail At Any Time: Eurozone Downturn Intensifies, Out of Control Derivative Trade Threatens the U.S. Economy, Risk Ratio is Pushing Extremes, And US Headed for ‘Greatest Retirement Crisis’ in History
March 22nd, 2013
“The Reality Is The Financial System Could Fail At Any Time”
Investors must heed this warning and get their assets out of the banks now. The reality is the financial system could fail at any time and this is why investors must act today. See what’s happening in Cyprus: Banks are closed and whether people have cash, stocks, or gold in the bank, they won’t get it out of there.
This is why back in 2002 we told our investors to put up to 50% of their assets into physical gold and silver, and also advised them to store it outside of the banking system. The bottom line is that gold is guaranteed to reflect the massive money printing we will continue to see worldwide.”
Celente – The Financial System Is Collapsing Before Our Eyes
Contagion May Not Be Containable
$900 MILLION put option, someone is shorting the Euro big time!
Hope vs. reality; eurozone downturn intensifies – Mish