The BIS Paves the Way for Silver and Gold

Friday, October 24, 2014
By Paul Martin

Dr. Jeffrey Lewis
SilverSeek.com
October 24, 2014

Behind the scenes (or rather, behind the curtain of propaganda) the most influential of the banking class is sending out smoke signals. The Bank for International Settlements (BIS), which is the bank for central banks, has telegraphed the next major world financial downturn.

As if you could not see it coming. Recently, the Bank for International Settlement (BIS) warns of ‘violent’ reversal of global markets.

“Investors take zero-rates for granted and unwisely believe that central banks will protect them,” says the Capital Markets Chief of the Bank of International Settlements.

The global financial markets are dangerously stretched and may unwind with shock force as liquidity dries up, the Bank of International Settlements has warned.

Guy Debelle, head of the BIS’s market committee, said investors have become far too complacent, wrongly believing that central banks can protect them, many staking bets that are bound to “blow up” as the first sign of stress.

In a speech in Sydney, Mr. Debelle said: “The sell-off, particularly in fixed income, could be relatively violent when it comes. There are a number of investors buying assets on the presumption of a level of liquidity which is not there. This is not evident when positions are being put on, but will become readily apparent when investors attempt to exit their positions. The exits tend to get jammed unexpectedly and rapidly.

The Rest…HERE

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