Eric King:  “Nigel, everybody is talking about the speech you gave in the European Parliament the other day.  There were some unhappy faces in the audience.”

Farage:  “Well, that’s always a good sign of course isn’t it?  If I’m upsetting them I must be getting something right.  This was the first time that the European Parliament had met since the Cyprus crisis....

Continue reading the Nigel Farage interview below...


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“What these guys did was to decide that the next phase of dealing with the bailouts of the failed eurozone countries is to resort to behaving like common criminals.  That was exactly the phrase that I used, and that’s what caused the looks of consternation and shock.  But that’s what they did, and they also violated the rule of law.

... I know something for certain, a precedent has now been set, and when the Spanish banks face their nadir, and it’s coming make no doubt about it, they’ve found the solution to how they are going to fund it.  They are going to steal money from big bank accounts, and possibly even from small bank accounts. 

There is now a new German proposal on the table which says they will even confiscate a percentage of the value of your house.  We have not seen this sort of thing going on in Western Europe since the 1930s and 1940s when the Nazi regime did this to people they hated. 

And isn’t it ironic that in the middle of all of this we have the Russian Prime Minister, Dmitry Medvedev, actually saying to the EU, ‘You are now behaving like the Soviet used to.’”

Here is a small portion of what Farage had to say about the recent action in gold:  “Clearly the authorities do not want gold to be fashionable in any way at all.  They loathe the fact that the price of gold has risen the way that it has (over 12 years) because it’s an indicator of how little trust we have in fiat currencies, quantitative easing, money printing and all the rest of it.

So any opportunity to see the gold price lower is a good thing from their perspective.  The (gold) market is going to find a base somewhere.  I don’t know where it is.  Once those moving averages break down, markets tend to have a bit of a life of their own.

But I was saying to a friend of mine, if we do get forced liquidation (of physical gold) from European central banks (such as Cyprus and Italy), it will represent one of the greatest historic buying opportunities of anything you will ever see in your lifetime because the fundamentals have not changed.”

The information above was just a small portion of this incredible interview with Farage.  Farage spoke at great length about what has taken place in the gold market and where it is headed from here.  Farage also discussed the aftermath of Cyprus and what to expect in Europe in the future and much more.  The KWN audio interview with Nigel Farage is available now and you can listen to it by CLICKING HERE.

© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

The audio interviews with Nigel Farage, Gerald Celente, Dr. Paul Craig Roberts, Andrew Maguire, Michael Pento, John Embry, James Turk, Art Cashin, John Mauldin and Egon von Greyerz are available now.  Also, be sure to hear the other recent KWN interviews which include Eric Sprott, Marc Faber and Felix Zulauf by CLICKING HERE.

Eric King

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