On gold, the math is simple. Holter says, “The punchline to this is the system has never been risker and more leveraged than it is today. Yet, the price or the cost of insurance (gold and silver) has never been cheaper than it is today with the exception of late last year in October, November and December of 2015.”
Holter goes on to point out, “They have purposely diluted the price of gold in order to portray a strong dollar. . . . The reason they need to portray a strong dollar is to continue confidence in the system. It allows dollars to continue to be accepted. It also allows the U.S. Treasury to turn around and continue to borrow. That’s not working so well because the Federal Reserve has had to step up and buy major portions of auctions.”
How does it end? Holter says, “I have said many times that we are going to have a reset of the system. All currencies, all bonds, all interest rates, stocks, commodities, gold, silver, etcetera. This is a very, very dangerous time.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Bill Holter of JSMineset.com.
All links can be found on USAWatchdog.com: http://usawatchdog.com/entering-perfect-storm-of-every-facet-of-our-lives-bill-holter/
Visited 13 times