US Collapse To Make Weimar Germany Look Like Childs Play
King World News
On the heels of more wild trading action across the globe, today 40-year veteran, Robert Fitzwilson, warned KWN that “The Weimar experience will seem like child’s play as the entire financial system for our global economy is deconstructed.” He also discussed what this harsh reality means for investors and what they can do to protect themselves. Fitzwilson, who is founder of The Portola Group, put together he following tremendous piece below for KWN readers around the world.
By Robert Fitzwilson of The Portola Group
October 27 (King World News) – “US Collapse To Make Weimar Germany Look Like Child’s Play”
One of the big unknowns is when and whether we will experience an exponential rise in prices, which is traditionally associated with excessive printing of money, as was seen in Germany at the end of World War I. History does provide clues, but it is possible that we are already living it, just not in the headline manner experienced during the Weimar period….
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I am a 35 year trading veteran and I can confirm the same.
The entire financial system will come to an end but not now and NOT this year.
NOT EVEN NEXT YEAR.
The SP500 chart is suggesting (through technical analysis) a slow downward movement to start as of spring 2015.
IT WON’T BE A CRASH… just a slow unwinding of the entire system with plenty of time for everyone to see what’s going on.
You simply cannot keep creating 85 billion a day and not expect a Weimer crash..