The Central Bankers Have Been Using The Last 9 Years To Protect Themselves - Episode 1301a

in #economy7 years ago

Greek government is getting ready to freeze pensions to 2022 as a requirement for more debt. Someone dumped 4 billion on notional gold contracts and silver contracts.Consumers are tapped out and the purchases of autos, student loans and using the credit cards is now slowing down. The next asset bubble cracks and it is spreading fast.The bail-in era has arrived, the tests are complete and now the central banks are ready when banks start to fail. The central banks have been purchasing the stocks of companies, they have been propping up the market, and now they can bring down the market very easily.

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was expected to happen as gold get close to 1300

Does not surprise me at all. And when it all collapse, the ECB is going to pay for it and bill me - read all the Europeans - for it. :-(
I should have been a bankster.

Freaking monumental post!!!!!

Dave, always a pleasure listening

Their days are short

They know their system is finished and the manipulation helps people in the know

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