The “everything bubble” has burst and there is going to be one hell of a hangover.
June 25 (King World News) – Eric King: “James, the everything bubble has been quite shocking. KWN had the article that you read where it showed that land prices in Australia have now eclipsed that mega-bubble we saw in Japan in the late 1980s.
COMPLETE AND UTTER MADNESS:
1989 Japanese Property Mega-Bubble
Now Exceeded By Australia!
That was really astounding. We’ve seen a lot of monetary madness that contributed to these mega-bubbles all over the world. Where do you think that leaves us going forward because there’s going to be one hell of a hangover.”
James Turk: “When we talk about mega-bubbles we have to take a look at what that really means. We’ve been living with the illusions of prosperity. They (central banks) have created all of this fake money and fake purchasing power and they’ve driven financial asset prices sky high. But it’s all illusory. It’s not real…to continue listing to James Turk discuss what to expect as the hangover begins from the bursting of the global everything bubble as well as what to expect next for gold and silver CLICK HERE OR ON THE IMAGE BELOW.
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