Global Chaos And The Road To $1,000 Silver
kingworldnews.com / December 11, 2016
With interest rates soaring, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, spoke with King World News about coming global chaos and the road to $1,000 silver.
Global Chaos And The Road To $1,000 Silver
Egon von Greyerz: “Flation” is guaranteed in the next few years. We will see inflation, stagflation, hyper-inflation and deflation. Many of these flations will happen simultaneously. Currently we have major monetary inflation combined with asset inflation. Credit growth and money printing have in recent years benefitted the ailing banking system but have not yet reached consumer prices and therefore there is no ordinary price inflation. In 2017, velocity of money is likely to increase, leading to stagflation, which is higher prices without growth. But as the problems in the financial system deteriorate, hyperinflation in most major economies is virtually a certainty. The build-up of debt and derivatives in the last quarter century guarantees that desperate governments will print unlimited amounts of money in a frantic attempt to save the financial system…
Continue reading the Egon von Greyerz interview below…
The post Global Chaos And The Road To $1,000 Silver appeared first on Silver For The People.
Source: http://silveristhenew.com/2016/12/11/global-chaos-and-the-road-to-1000-silver/
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As long as the Rothschilds still own the fake federal reserve, they get to set PM price. The market and demand has nothing to do with it.