NYSEARCA:GLD, NYSEARCA:SLV, NYSEARCA:IAU
Greg Hunter: Trader and financial analyst Gregory Mannarino says, “I think things are looking very bad in the immediate future here. Just this month, the ECB is going to start their Japan style quantitative easing, and that is going to make the U.S. equity
Are we on the verge of an unprecedented global currency crisis? On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years. And the U.S. dollar continues to surge against almost every other major global currency.
Tyler Durden: When it comes to the future of the dollar status as the world’s reserve currency, the most important chart may be the fact that the US is now so woefully buried in debt that another global military conflict appears inevitable.
Mac Slavo: Earlier this week John Williams warned that hyperinflation will begin to appear in America sometime in 2015.
Greg Hunter: Money manager Peter Schiff says forget about the Greece debt questions; the problems in the U.S. are far worse.
Over the past decade, there has been only one other time when the value of the U.S. dollar has increased by so much in such a short period of time. That was in mid-2008 – just before the greatest financial crash since the Great Depression.
Mike Larson: The alert came over my iPhone when I was leaving the grocery store Tuesday night.
John Rubino: Switzerland, as everyone knows by now, has slipped out the back door of the drunken orgy that is the modern financial system. And the other revelers are wondering if it’s time to find their own clothes and start tiptoeing towards the exit.