All Hell Is Now Breaking Loose In Europe!

Greetings,

All Hell Is Now Breaking Loose In Europe!

With the ECB now shutting off direct funds to Greece, today one of the greats in the business warned King World News that all hell is now breaking loose in Europe. He also warned that the situation is spiraling out of control and deteriorating quite rapidly.

Eric King: “The ECB has now shut off direct funds to Greece. The ECB is now playing hardball with the Greek negotiators.”

John Hathaway: “This is just a sign that things are spiraling out of control and in a much worse direction than central planners had expected. That’s what spooked the markets late Wednesday. I was amazed to see the Dow give up all of its gains in the space of half an hour.

“There are no contingency plans in the eurozone to deal with the possibility of a Greek default and exit from the euro system.

One of the things that’s starting to happen in Europe is you are seeing these splinter political parties gaining power. We’ve seen it in Greece. We are seeing it in Spain. We are also seeing it in France. There is now an open rebellion against Brussels.

All Hell Is Now Breaking Loose In Europe

So all hell is now breaking loose in Europe and the Greek situation is just feeding into the rebellion happening elsewhere. For example: Why else would the Dutch have started to repatriate their gold? The Germans felt pressure from the same grassroots unrest to ask for their gold back from the New York Fed. At the same time there is this monetary unrest in Europe and a run on the bank. Today’s news also caused a surge in the gold price at the end of the day and it is continuing to move higher in the access market.

Desperation Setting In As Situation Rapidly Deteriorates….more here

Click here for reuse options!
Copyright 2015 Hiram's 1555 Blog