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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    This Will Devastate People All Over The World

    Lobo
    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12
    • Post n°1

    This Will Devastate People All Over The World Empty This Will Devastate People All Over The World

    Post by Lobo Sun 11 Sep 2016, 7:21 pm

    This Will Devastate People All Over The World
    September 11, 2016
    This Will Devastate People All Over The World King-World-News-Its-All-Coming-To-A-Disastrous-End-And-The-World-Faces-A-Very-Dark-Future-864x400_c
    With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned King World News about what is going to devastate people all over the world.
    Egon von Greyerz:  “The autumn of 2016 has for some time looked like a period when dark clouds will move in over the world economy. Therefore, it was not surprising to see the first sign of things to come in the next few months. In one day the Dow erased all the gains since early July with an almost 400 point fall. Since the beginning of the year the Dow is now up a pitiful 2.6%. Almost 8 years of ZERO interest rates have not managed to revive the US economy, nor the world economy…
    Continue reading the Egon von Greyerz interview below…


    In Volatile Markets, Is Wealth Preservation King?
    In a King World News interview I spoke with the man who predicted the Swiss National Bank would experience staggering losses and that the Fed would also experience massive losses that will destabilize the global financial system! His company is the only one in the world offering a precious metals investment service outside the banking system, with direct ownership and full control by the investor. He has also become legendary for his predictions on QE, historic moves in currencies, and major global events. To find out what he and his company can do to help answer that age old question for you CLICK HERE.
    This Will Devastate People All Over The World GoldSwitzerland-New-Ad-PicSponsored

    Egon von Greyerz continues:  “In this century the Dow is up 57%, which on the surface appears to be an excellent return over 16 years. But it must be remembered that we have seen an unprecedented period of money printing and credit creation in the last 16 years. In my KWN interview last week I talked about the massive credit creation in the USA.
    There Has Been An Explosion In Global Debt
    We have seen the same pattern worldwide. China’s debt, for example, has gone from $1 trillion to $32 trillion in the last 16 years. And Japanese government debt is exploding and has reached 250% of GDP. Japan is now printing half of the government expenditure every month and buying all the bonds that they are issuing. Japan is clearly bankrupt and a default is inevitable. In Europe, the ECB is printing €80 billion every month.     But that will of course not suffice to save a bankrupt European financial system.
    Whether we talk about Greek, Spanish, French, Italian or German banks, their balance sheets are all lumbered with billions of toxic assets with the only buyer being the ECB. This is why the current ECB printing program will not end in March 2017 but instead accelerate. But as we all know, printed money can never save the financial system. All it will achieve is to increase the debt burden and create hyperinflation. 
    Negative interest rates in many countries are having no beneficial effect on the world economy. For over $13 trillion of sovereign debt, investors now have to pay governments for the privilege of holding their worthless paper. These clueless investors are not only guaranteed to get back less than they invested due to the negative interest, but they are also very unlikely to get the principal back since no government will repay their debt with real money. 
    This Will Devastate People All Over The World King-World-News-Its-All-Coming-To-A-Disastrous-End-And-The-World-Faces-A-Very-Dark-FutureThis Will Devastate People All Over The World
    As I have stated many times, government bonds are an investment that no one should own. But sadly most institutions and pension funds hold tens of trillions as custodians for the poor investors and pensioners who will see their savings totally evaporate. There has never been a time in history when savings and investments just disappear into a black hole never to return again. But the risk that this will happen in the next five years or so is now greater than any time. The consequences will be devastating. 
    Investors around the world are now facing massive risk in all asset markets be it stocks, bonds or property. The Dow’s rise of 57% since 2000 looks very different if it is compared to constant purchasing power rather than inflated dollars. In real terms, measured against gold, the Dow is down 70% in the last 16 years.
    This Will Devastate People All Over The World KWN-Greyerz-I-9122016
    Stock markets worldwide have, since the beginning of 2016, underperformed gold and silver substantially. The Dow is down 19% against gold in 2016 and 25% against silver. Silver has been one of the best performing asset classes this year. 
    This Will Devastate People All Over The World KWN-Greyerz-II-9122016
    But this is likely to be just the beginning of gold and silver’s rise against all other asset markets. Over the next five years I would expect most global stock markets to decline at least 90% against the precious metals. 
    $10,000 Gold & $500 Silver
    Gold has gone up by 25% this year in dollar terms. The correction in the precious metals that has lasted since 2011 finished in December 2015. Gold and silver have now resumed their uptrend and it is not unlikely that we will see new highs in the next few months above the $1,920 for gold and $50 for silver. In the next few years, gold and silver could easily reach $10,000 and $500 respectively. But before the coming money printing bonanza by central banks has finished, we could see multiples of those targets in a hyperinflationary collapse of paper money values. 
    This Will Devastate People All Over The World KWN-Greyerz-III-9122016
    So today is still an excellent time to buy gold and silver, but I doubt that we will see these prices for much longer. 
    When precious metals are bought for wealth preservation purposes, certain cardinal rules must be followed. 
    The following methods to acquire/hold gold and silver is NOT wealth preservation
    and must therefore be avoided at all costs: 
    *  Gold and silver ETFs – Most ETFs are not backed by physical metals even if they indicate they are. If you read the prospectuses properly, you will find that even the gold/silver backed ETFs can hold paper metals instead. Also, ETFs are in effect a paper investment within the financial system that investors are unlikely to get possession of in case of a default.
    *  Futures and bank paper gold/silver – These must be avoided at all costs since they are just paper claims that will never be settled in case of a crisis.
    *  Gold/silver stored in a bank – We have seen numerous examples of clients being told they have allocated gold/silver bars when in fact the bank doesn’t have the metals. And even if the bank does hold physical metals for the clients, in times of crisis we have often seen examples of banks using client assets. Storing in a private bank safe deposit box is not advisable either since in case of bank failure, investors might not get access for a very long time.
    *  Part ownership of gold/silver bars – Many companies offer shared part ownership of metals stored outside the banking system. With this method, the investor does not own his own allocated bar and does not have personal access to his metals.
    *  Storing gold/silver at home – You should only store the amount of metals at home that you can afford to lose. Increasing crime and social unrest will make home storage very dangerous and often family members could be threatened at gun point to reveal a hiding place.
    This is real wealth preservation:
    *  Hold your gold/silver in allocated physical form in private vaults outside the banking system.
    *  You must have direct ownership and control of your individual bars/coins.
    Many investors ask what percentage of their financial assets should be in precious metals. Some investors who are really concerned about the financial system have 60-100% in gold and some silver. Investors must themselves decide what percentage they feel comfortable with. In our view the investment in metals should be sufficient to fall back on if there is a crisis in the financial system which prevents access to other investments or makes it impossible to raise cash from other assets.
    What is important to remember is that gold and silver is money and instant liquidity. Throughout history, in every country where there has been a serious financial crisis, gold and silver have always functioned as money or barter.
    http://kingworldnews.com/this-will-devastate-people-all-over-the-world/
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