Tuesday, January 20, 2015

Global Shockwaves To Come 
From Swiss Currency Bombshell 
Mike Maloney gives historical examples to show you that the global ramifications of the Swiss currency revaluation may be a lot more severe than you first may have thought: "This is desperate. The central banks are now backed into a corner, and everything that I've been predicting is starting to unfold here, it's unfolding very slowly and on a scale that is huge. But it's not going to be slow forever. There's going to come a day where slow turns into very fast, and a lot of this stuff happens overnight...for instance, the currency unpeg. Nobody knew it was coming, it happened immediately. These things always eventually end up being good for precious metals. I don't look forward to the economic chaos that we are about to go through, but we'll get through it and it'll be a different world when we come out the other end. Hopefully what ends up happening is free enterprise, free markets, capitalism and sound money win. That would be the best outcome." .. 16 minutes

No comments: