What this breakdown in the crude oil price is going to spawn another financial crisis. It will be tied to the junk debt that has been issued to finance the shale oil plays in North America. It is reported to be in the area of half a trillion dollars’ worth of junk debt that is held largely on the books of large financial institutions in the western world. When these bonds start to fail, they will jeopardize the future of these financial institutions. I do believe that will be the signal for the Fed to come riding to the rescue with QE4. I also think QE4 is likely going to be accompanied by bank bail-ins because we all know all western world countries have adopted bail-in legislation in their most recent budgets. The financial elites are engineering the excuse for their next round of money printing . . . and they will be confiscating money out of savings accounts and pension accounts. That’s what I think is coming in the very near future.” -Ron Kirby VIDEO link - youtu.be/PYmpKR98ObU You can keep your savings in your hands with JMBullion We always offer low prices, FREE SHIPPING, fast, and discrete delivery.
Posted on: Sun, 04 Jan 2015 22:14:17 +0000
Trending Topics
Recently Viewed Topics
© 2015