Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that people better have an escape plan because the global financial system has started to collapse.
Today the man who has been trading markets for over half a century warned the US dollar may collapse in 2023.
On the heels of continued chaos erupting as banks were imploding, it’s going to get much worse as the collapse will spread to currencies and gold shines.
The squeeze in the gold market continues with the price of gold surges near the $2,000 level as fear engulfs global banking system.
Banking solvency issues are becoming apparent al over the world and the backstop guarantee is worthless.
Here is the big picture for gold after bank collapses in Europe and the US.
Ah, the banksters are at it again. It all makes sense now.
This is the chart that caused the collapse in bank stocks and frightened the markets.
Forget all of the bear talk surrounding the bank failures that everyone seems to be focused on and look at this major bull market nobody is watching.
It’s hard to believe it’s only Tuesday as investors and traders breathe a sigh of relief with markets rallying but here is what to watch.