Dr. Martin Weiss: 8 Shocking New Forecasts for 2012 And Beyond !
- Dr. Weiss’ forecast is spot on except that he did not cover the financial derivatives crisis which is coming. It is an even bigger bomb than the sovereign debt crisis.
8 Shocking New Forecasts for 2012 and Beyond !
by Martin D. Weiss Ph.D., http://www.moneyandmarkets.com/
Nearly two years ago, we downgraded JPMorgan Chase to a Weiss Ratings of D, implying grossly excessive risk taking by the bank. And virtually every chance since, we repeatedly published this warning about JPMorgan in Money and Markets, Safe Money Report, and multiple press releases.
Then, last week, we jumped online with a video that took our warnings to the next level — with this forecast:
“Some of the world’s largest banks will suffer massive losses and huge new bailouts will be needed.”
Sure enough, just 48 hours later, JPMorgan Chase shocked the investment world with the announcement of massive losses. But it’s only the first of many — from JPMorgan and other banks around the world, raising urgent questions for investors.
What are the consequences? Will the world’s most powerful central banks crank up the printing presses? How much? And when? For the answers, simply read the transcript of our recent online briefing below — the focus of today’s issue.
8 Shocking New Forecasts for 2012 and Beyond
With Martin D. Weiss, Larry Edelson and Mike Larson
Country after country will abandon their so-called “austerity” programs.
If governments cut spending, the debts will pile up even faster!
Some of the world’s largest banks will suffer massive losses and huge new bailouts will be needed.
The European Central Bank (ECB) will kick its money printing presses into overdrive and very, very soon.
The U.K. and the U.S. will also join the money printing rampage.
Before this great financial crisis comes to its final tipping point a few years from now, you’ll probably see up to $20 TRILLION in global money printing.
This unprecedented global orgy of money printing is about to light the fuse on an unprecedented period of global hyperinflation.
The gold correction I’ve been forecasting will soon end, and gold will ultimately soar to at least $5,000 per ounce!
… for the full article click here!
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