Based on the Blacbox transit forecast for the iShares Silver Trust NYSEArca: SLV first-trade horoscope the outlook is bullish for silver as this precious metal gets more and more into the mainstream of investor awareness. The silver marekt is still very small market compared with gold and I predict that we will see more money-flows into that market over …
Italy defaults on its debts. Most major Italian bank collapses. Recession turns to Depression in the Euro zone. Sovereign defaults begin and bank failures ripple across the Continent. Saddled with bad loans to the Euro zone nations and lenders in Europe, the four major American banks will begin to hemorrhage cash. Credit freezes in the United …
In his latest investor letter (via Gurufocus), Kyle Bass lays out his case that a wave of hard defaults is coming. His basic argument: The world is just saddled with too much debt. Throughout history, he says, total debt-to-GDP only ever breached 200% when nations were spending on war. Today we’re at 310%. Says Bass: …
The euro is on the chopping block, and the dollar UUP – PowerShares DB U.S. Dollar Index Bullish Fund (NYSEARCA:UUP) isn’t far behind. ShadowStats.com’s editor John Williams’ just published a gloomy outlook for the U.S. due to the demise of the dollar and the emergence of hyperinflation that could be a reality as soon as …
Based on the astrological transit blackbox forecast of the UUP UUP – PowerShares DB U.S. Dollar Index Bullish Fund, it seems we are coming to another point where we face risk of systemic collapse, therefore expect another round of quantitative easing (QE3) as a result which will pull the trigger for massive dollar selling, moving the nation into much …