Last year one of the legends in the business warned of a coming event that is going to shock the world. How close is this event to unfolding?
The Disease – Deflation And A World Drowning In Debt
Richard Russell warned last year: “The world’s balance sheet is heavily skewed toward debt and loans. On the asset side of the balance sheet we have gold and silver currencies.
Cure That Will Shock The World – Reset Gold To $5,000 or $10,000!
What would make the balance sheet look saner and increase the asset side? It would be to reset gold to a much higher price. Why is it that nobody is writing about this? Resetting the price of gold to $5,000 or $10,000 an ounce would be a mighty step against deflation.
Buy Gold & Silver While They Are Cheap And Available
I find it odd that no (mainstream) media has mentioned this. If the price of gold is reset it will be sudden and when nobody is expecting it. The price of gold was reset in 1933, in the depths of the Great Depression. Advice — buy physical silver and gold while they are cheap and available.”
***KWN has now released the extraordinary audio interview with Bill Fleckenstein and you can access it by CLICKING HERE OR ON THE IMAGE BELOW.
***Also just released 50-Year Veteran Warns We Now Have The Preconditions For A Stock Market Crash CLICK HERE.
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