Full-Blown Currency Wars, Gold, World War III & Serious Panic

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   Full-Blown Currency Wars, Gold, World War III & Serious Panic

currency wars

Today an outspoken hedge fund manager out of Hong Kong warned King World News that the world is eventually headed into full-blown currency wars and serious panic.  William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed what this will mean for the gold and silver markets, and why we may be stumbling into World War III.

Kaye:  “It’s going to be ugly with Eric Sprott probably being right that central banks are running on empty.  I think you have to believe that the West is going to be impoverished when the U.S. dollar collapses.  This will have the effect of supercharging the currency wars.

 Source: http://kingworldnews.com

“The reason this will supercharge the currency wars is because there is no way Europe can survive with the currency considerably stronger than it is right now.  If the euro is surging through the 1.60 level and looking like it’s headed to a 2:1 level, they are going to have to print like mad in Europe.

 

This printing will take place even if it causes the EU to reconvene and change their charter.  So at that point Europe will have to print like mad just to survive, and basically every other country will have to do the same.  When we get to that point where all the major nations are engaged in a full-blown currency war, particularly with the central banks in the West having very little gold left to continue their suppression scheme, this is when the price of gold and silver are going to skyrocket.

 

The mainstream media will not report the truth about any of this, so it falls on the shoulders of alternative media such as King World News.  This is the value of the alternative media, at least until the Internet ‘kill switch’ is triggered by the powers that be…..more here

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