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Month: June 2015

It Begins – Greek Banks Shut Down For A Week And A ‘Grexit’ Is Now Probable

By Michael Snyder, on June 28th, 2015 Is this the beginning of the end for the eurozone?  For years, European officials have been trying to “fix Greece”, but nothing has worked.  Now a worst case scenario is rapidly unfolding, and a “Grexit” has become more likely than not.  On Sunday, the European Central Bank announced that it was not going to provide any more emergency support for[...]

Greece: The Model for Catastrophe that is about to Engulf the Entire World

Today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events warned King World News that Greece is the model for a catastrophe that is about to engulf the entire world.  He also discussed the $113 trillion problem. Egon von Greyerz:  “Eric, Greece is a country that is an example of not just the problems in the EU and the eurozone[...]

No Escape – Unprecedented Worldwide Panic And Economic Carnage Is Dead Ahead

On the heels of another chaotic trading week in major markets, today one of the top economists in the world sent King World News an incredibly powerful piece warning that there is no escaping a historic and devastating crisis as unprecedented worldwide panic and economic carnage is dead ahead.  Below is the fantastic piece from Michael Pento. June 27 – (King World News) – Investors[...]

7 Warning Signs That A Historic Stock Market Crash Is Dead Ahead

By Jason Goepfert Founder & CEO Of SentimenTrader  May 31 (King World News) – "The latest monthly figures showing investors' preference (or lack thereof) for cash have been released. Like most other months during this bear market, they showed a drop in cash levels. Unlike most other months, the rate at which that cash is dropping has picked up. This is most notable in the margin[...]

Defiant Tsipras Threatens to Detonate European Crisis Rather than Yield to Creditor “Monstrosity”

The Greek prime minister has accused Europe's leaders of 'issuing absurd demands' Greek premier Alexis Tsipras has accused Europe's creditor powers of issuing "absurd demands" and come close to warning that his far-Left government will detonate a pan-European political and strategic crisis if pushed any further. Writing for Le Monde in a tone of furious defiance after the latest set of[...]