the Euro game Is up! who the hell do you think you are?’ – Nigel Farage

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investorzzo
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the Euro game Is up! who the hell do you think you are?’ – Nigel Farage

Jim Sinclair’s Commentary

This is a total Western world currency problem whose basis is still not fully discussed. The essence of the problem is as much overspending and debt, but media forgets, facilitated by the national OTC derivative camouflage.

QE will go to infinity and the race to the bottom is going to get UGLY. Although Nigel Farage is correct, he has no concept of what doing the right thing will result in immediately.

There is no practical way out of this. I have told you that for 8 years and nothing has changed.

Gold is the only currency that is going to survive this, defined as the preserving of buying power, as it always did throughout monetary history.

Step back a few months. Does this remind you of a period called the Greek Crisis? It is so similar that the articles might even be the same words with only the names changed.

Would it not be fair to say US Banks are ""Nearly Bust" If the US dollar Collapses, Yahooti Says."

How about Yahooti says the FASB’s selling out of their auditing souls covers up a bankrupt financial industry?

investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Re: the Euro game Is up! who the hell do you think you ...

Nigel Farage explains in detail, Europes delima. Is the next shoe about to drop?

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/12/1_MEP_N...

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