Sunday, January 17, 2016
THIS IS IT. COLLAPSE IS HERE. -- BILL HOLTER
Bill Holter from JS Mineset joins us to cover the unfolding global economic collapse. "This is it. We're watching the meltdown. This is history being made." Bill says.
Holter explains, "The Fed has lied themselves into a corner. They raised rates and here we are a month later, the system is imploding and they have no bullets left. They are going to have to do QE4, they are going to have to do negative interest rates."
"I believe this is it. The margin call, the meltdown, we're watching it in real time... I guess the best way to look at where we are right now is, we're standing at the gates of Hell."
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THOSE WHO REALLY KNOW.....CHINA HAS WITH A SOUND FOUNDATION ABOUT 60,000+ TONS OF GOLD, HUGE STOCK PILE OF INDUSTRIAL METALS, WHEN ALL DIES, CHINA MAY ISSUE NEW CURRENCY GOLD BACKED.
ReplyDeleteThe official tonnage given out by China is not worth commenting on. The people who "wisely" think that China has 5000 -10,000 tons of gold are IMO way off and the actual amount is much nearer your figure. You only have to do simple maths and then add on all the gold they "secretly" import from mines abroad, scrap gold, and the gold they produce themselves as the worlds biggest producer and then what they had already before they came under the radar.
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