{"id":259612,"date":"2016-08-02T18:24:42","date_gmt":"2016-08-02T18:24:42","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/?p=259612"},"modified":"2016-08-02T18:24:42","modified_gmt":"2016-08-02T18:24:42","slug":"banking-cartels-are-sending-europe-into-collapse","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/latest-news\/banking-cartels-are-sending-europe-into-collapse\/","title":{"rendered":"Banking Cartels Are Sending Europe Into Collapse"},"content":{"rendered":"

Unequivocally, the rubber is hitting the road NOW!\u00a0 So much so, I believe \u201clast to go<\/a>\u201d markets are in danger of being overwhelmed by the chaotically scrambling, Keystone Kop-like, terminally cancerous \u201cpowers that be.\u201d<\/p>\n

And by \u201clast to go,\u201d I don\u2019t just mean the gold and silver markets, which are being swamped by exploding physical demand, collapsing production, vanishing inventories, and history\u2019s most violently PM-bullish political, economic, and monetary environment.\u00a0 No, I mean everything else<\/em>; including hideously overvalued stock markets \u2013 which cumulatively, will either crash into oblivion, or hyper-inflate Zimbabwe style; with the result, in either case, being the biggest real <\/em>losses of all time.\u00a0 To that end, kudos to Gordon Long, who in this<\/em><\/a> article, opened my eyes to the massive head and shoulders top formation in global stock markets, which is breaking down as we speak; ominously, led by\u00a0financials<\/i>.\u00a0 Which is exactly why he \u2013 and I \u2013 anticipate Central banks are about to go \u201call in\u201d on hyperinflation.<\/p>\n

To that end, today\u2019s Japanese fiscal stimulus announcement (following last week\u2019s Bank of Japan pronouncement that it is doubling its stock market purchases); this morning\u2019s Royal Bank of Australia rate cut; and next week\u2019s imminent Bank of England rate cut and QE announcement; are just the tip of what will be history\u2019s biggest monetary iceberg.\u00a0 Just under the surface \u2013 where as you know, the majority of icebergs lie \u2013 the Federal Reserve is lying in wait, praying<\/em> it can avoid re-joining the overt <\/em>QE ranks before the election. \u00a0But irrespective of the timing, I assure you they will retake the mantle of lunatic, overt <\/em>money printing and asset monetization from the ECB and BOJ before long.\u00a0 And when they do, there\u2019s no telling if 2008-style crash or Weimar-like hyperinflation will win the day.\u00a0 Which, in either case, will yield a massive crash in the dollar\u2019s value against real money<\/em>, irrespective of how it performs\u00a0 against other collapsing fiat toilet paper.<\/p>\n

Regarding Precious Metals, I have spent the past six months detailing the building evidence of a Cartel on the run \u2013 and recently, have flat out called for its ultimate demise, in countless articles and podcasts.\u00a0 For the past month \u2013 includingyesterday\u2019s <\/em>article<\/a> and SGT podcast<\/a> \u2013 I have incessantly written of how silver\u2019s 50 Month moving average, which was breached to the downside during April 2013\u2019s \u201calternative currency destruction\u201d Cartel attack, was about to be retaken.\u00a0 And when it does, at $20.46\/oz, the massive \u201cbuy stops\u201d sitting above it could cause a massive paper short squeeze, given that the Cartel has an all-time high<\/em> naked short position.\u00a0 Which, in turn, could ignite the \u201chistoric silver shortage<\/a>\u201d I predicted two months ago; and with it, the imminent demise of the heinous gold Cartel.<\/p>\n

Read more: European Banking System Collapsing Now! Next up, Sovereign Bonds?\u00a0<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Unequivocally, the rubber is hitting the road NOW!\u00a0 So much so, I believe \u201clast to go\u201d markets are in danger of being overwhelmed by the chaotically scrambling, Keystone Kop-like, terminally cancerous \u201cpowers that be.\u201d And by \u201clast to go,\u201d I don\u2019t just mean the gold and silver markets, which are being swamped by exploding physical […]<\/p>\n","protected":false},"author":1,"featured_media":259613,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487,18],"tags":[],"class_list":{"0":"post-259612","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-breaking-news","8":"category-latest-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/259612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=259612"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/259612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/259613"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=259612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=259612"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=259612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}