“Massive Storms” in Silver Market Before American Election, Silver $150

Speculation of a post-presidential-election-central-bank-coordinated money bomb of fresh new cash from the Fed, the ECB and other central banks, appear to be just that: speculation. That, according to a regular guest of Eric King’s King World News(KWN), Swiss money manager Egon von Greyerz.

The global central bank bailout and “the coordinated money printing I have been talking about for a long time is going to happen this autumn,” says von Greyerz. “I can see an autumn with massive storms, Eric.”

Not only has the precious metals market sniffed out an imminent and overt global QE3 plan, the western bank cartel is presumably buying the Spanish 10-year bond ahead of the announcement, taking rates sharply down within a two-week period to 6.02 percent, from a 7.62 percent print of Jul. 24. Buyers of the Italian 10-year nearly achieve the same performance during the same time period.

Continue Reading at BeaconEquity.com…

0 comments

Add your comment

Nickname:

E-mail:

Website:

Comment:

Other articlesgo to homepage

	Obama hints that Bernanke is on the way out(0) President Barack Obama has proclaimed that Federal Reserve Chairman Ben Bernanke stayed in his post longer than he should have, which has raised speculation that the bank chief may soon be on his way out. In an interview with Charlie Rose, the president hinted that he would not renominate Bernanke when his current term expires

	A list of 50 charities that keep almost all donations as profit(0) Totals from the latest 10 years of available federal tax filings 1 Kids Wish Network $127.8 million $109.8 million 2.5% 2 Cancer Fund of America $98.0 million $80.4 million 0.9% 3 Children’s Wish Foundation International $96.8 million $63.6 million 10.8% 4 American Breast Cancer Foundation $80.8 million $59.8 million 5.3% 5 Firefighters Charitable Foundation $63.8

	Detroit rock bottom: City announces $2.5bn debt default(0) Detroit said it will stop making payment on $2.5 billion of the city’s massive $18.5 billion debt and has asked creditors to accept 10 cents in the dollar of what the city owes them in a bid to avoid the largest municipal bankruptcy filing in US history. Detroit Emergency Manager Kevyn Orr said the city

	Gold Buying Panic In China: 10,000 People Wait In Line For Their Chance(0) Mac Slavo SHTF Plan One day in the near future Americans will finally realize that their money is being devalued at a rapid pace. For the time being the price increases are somewhat muted by official announcements of inflation being under control at around 2% and purported economic recovery on the horizon. The Federal Reserve

	Eurozone unemployment leaves 19.4mn jobless, 7 year high(0) Just days after French President Francis Hollande announced the euro crisis was over, employment across the Eurozone collectively shrank 0.5 percent in the first quarter, bringing levels to their lowest in seven years. A record 19.4 million people were out of work in April, when unemployment reached a record high, according to Eurostat data. The