The world’s financial problems have deteriorated to such an extent that it is no longer a matter of resolving issues in one, two, or a few nations. Literally, every paper currency is going to fall in value against silver and gold even faster than they have in the past eleven years. Consequently, it now takes a concerted joint effort by the major governments, central banks and private banks to try to accomplish any appearance of stability.
These actions are also effectively an admission that these huge quantities of government debts will never be repaid in currencies that have anywhere close to current purchasing power.
Take this move as your warning that you have very little time left before a financial catastrophe cripples a major swath of the global economy. It simply isn’t possible to now predict when the dominos will start to fall. You may have a year or more, or just months, or maybe only a few days...more
Gaza: The Sacrificial Ram on Capital’s New Altar
38 minutes ago