The Worst Global Depression is Nigh

Written by Swiss America

arrow 15589 640The Worst Global Depression is Nigh -Gold Switzerland
"Here we are at the end of the second decade of this century. In the last twenty years we have seen the collapse of a tech bubble and we have experienced the implosion of fake debt aka (also known as) the sub prime debt collapse...But I doubt they will be third time lucky. This time, printing unlimited free money will be recognized for what it is, namely Modern Money Trickery that can't fool the world a third time in the 2000s.

The effect of that will be that buying the dips will fail this time because stocks will soon start their journey to the bottom which is likely to be at least a 75% fall but more probably a 95% fall in real terms....Fundamentally and technically we are now at the end of the end of this incredible bull market. It is ending with a bang and does not have far to go. The market could top at any time between the second half of December and first half of January....The world will soon experience the start of the most dramatic bear market in history. It could start slowly but is more likely to quickly accelerate to ever lower lows with the normal fake-out rallies that will suck investors in before the next leg down. When stocks turn down, precious metals will surge. Gold is already up 15-20% in 2019 depending on the currency...Once the metals turn up, silver will be gold on steroids. The gold silver ratio will start crashing from 87 currently down to 30 initially where it was in 2011. This means that silver will go up three times as fast as gold....So 2020 seems to be the very early beginnings of the worst global depression that the world has ever experienced. It will be devastating for everybody. We can all prepare financially by holding some physical gold and silver which is the best insurance anyone can buy against what is coming."

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