Today one of the greats in the business warned King World News that 2015 will be a year of catastrophic bank collapses, QE on a grand scale, and skyrocketing gold. He also said that the big money is now dumping their stocks ahead of the coming madness.
Greyerz: “Eric, we live in a crazy world and it will only get worse. Sadly, events in France remind us of that. There will not only be political unrest but also great social unrest due to people getting poorer and more dissatisfied with governments not being able to provide for all their needs.
Also, look at the tremendous volatility. In the first few days of January the Dow went down 800 points but in the past few days it is up 600 points….
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