It is one thing for an investor to say a collapse is coming due to the fact that they might not like the actions of the Federal Reserve. It is another thing for a Billionaire, like Ray Dalio, who manages the largest hedge fund in the world, say a collapse is coming based upon his research. A precious metals company saying a collapse is coming might be looked at as self-serving. When one of the ten Central Banks of the world says a collapse is coming and you need gold, that is a significant announcement that I thought I would never hear in 26 years. I heard it, and read it with my very own eyes recently when the Dutch Central Bank made this alarming announcement.
[Read more…] about Central Bank Issues Dire Warning, COLLAPSE! – From the Desk of David
FDIC
Status of the Financial Market
Financial Collapse in 2008.
Listen to this new episode of the Gold Cast with Jim Sharpe and Landmark Capital CEO David Fischer. In this episode they break down the current statues of the financial market. Though we’ve had recovery in the asset classes there is still and underlying problem that caused the financial collapse in 2008.
Sheila Bair, head of the FDIC
Sheila Bair, head of the FDIC, admits that we have to fix our system as we are worse now financial than ever before.
Although the strength of the American dollar is strong, with the recent break of the Petrodollar the dollar has been artificially propped up.