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50-Year Veteran Warns A Massive Reset Of The World Financial System Is Coming

Monday, April 25, 2016 12:49
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / April 25, 2016

With the U.S. dollar continuing to trade near recent lows and gold trading near $1,240, today a 50-year market veteran warned King World News that a massive reset of the world financial system is coming.

John Embry:  “Eric, just when you think things can’t become any more artificial or ludicrous, Bloomberg comes out with a report that the Japanese central bank, by virtue of its month-to-month purchases of Japanese stock ETFs, is now a top ten holder in approximately 90 percent of the Japanese companies that make up the Nikkei 225 Index…

Continue reading the John Embry interview below…

John Embry continues:  “That most assuredly is not the central banks’ traditional role, but it vividly reveals the depth of the problems facing the global system.  Japan is the poster boy because it is further down the road to total financial destruction, with its government funded debt now exceeding 250 percent of GDP, while its population both shrinks and ages and its economy wallows.


The post 50-Year Veteran Warns A Massive Reset Of The World Financial System Is Coming appeared first on Silver For The People.

Thanks to BrotherJohnF


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