Sunday, May 15, 2016

Economic collapse: Both Web Bot creator and Bo Polny see next crisis coming by summer and gold to $2000

If there is one thing the internet has done for people worldwide, is that it provides the means for multiple points of view on any given topic.  But with this being said, perhaps the hardest thing for those same people to do is being able to determine what information may be valid and of real value, and what is just hyperbole, and disinformation to further a personal or political agenda.

This is why the most important foundation must be trust in a given source that provides that information.  50 years ago, people trusted newsmen like Walter Cronkite, and diligently read papers such as the New York Times and Wall Street Journal.  But today these media outlets have prostituted themselves to the political establishment, and it has become very difficult to find trust in what they report since their end games are to push individuals towards goals of their making.

Thus the internet has given rise to the alternative media, and according to recent polls, more Americans trust these sources of information more than they do mainstream media outlets.

Back in 2006-07, very few if any of the mainstream media and business news analysts were presenting the potential for an economic collapse, and they went out of their way to vilify anyone who threatened to deter the bubble markets created by debt and the central banks to enrich the already wealthy.  But as we now know in hindsight, those who were once castigated as kooks (Peter Schiff, Gerald Celente, speculators featured in the movie The Big Short) were eventually validated when the financial crash came in 2008.

Fast forward to 2016.

There was alot of hyperbole last year about 2015 being a time of financial chaos tied to the cyclical prophecy of the Shmitah, and the significance of the so-called Blood Moon phenomenons.  But as the results for the year were mildly tepid in and around the September and October time frame, many Americans came to believe that economy was strong enough to withstand any new crises, and that central banks were has enough control to weather any potential storm.

But 2016 has turned out so far to be quite different, and now two well documented analysts are putting their reputations on the line and are forecasting a major economic crisis and an explosion in the gold price, to occur before the end of summer.

Cliff High - Webbots

Bo Polny - Collapse by summer, and extreme gold shortages where price spikes to $2000 and then beyond

As with all things, take in as much information as you can, and test it with other knowledge and wisdom, and be prepared for whatever outcome that may take place.


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