As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that people need to get prepared for worldwide chaos.
The Coming Chaos And Hyperinflation
April 23 (King World News) – Egon von Greyerz: “The coming hyperinflation will start slowly and few people will realize what is coming. But once the first real inflation signals are appearing, the process will unfold very quickly as the currency debasement accelerates…READ MORE
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Huge stock market collapse is coming – investment guru Mark Mobius
Following Jim Roger’s latest prediction of the “biggest crash in our lifetimes,” famed 81-year-old investor Mark Mobius says the US stock market is set for a huge correction that would be trouble for everyone.
“I can see a 30 percent drop. The market looks to me to be waiting for a trigger to tumble,” Mobius said, as quoted by the London-based Financial News.
According to Mobius, the former executive chairman at Templeton Emerging Markets, all the indicators now point to a great fall in the S&P 500 and the Dow Jones. “The consumer confidence is at all-time high in the US, and it’s not a good sign,” he said. “The market looks to me to be waiting for a trigger that will cause it to tumble.
According to Mobius, the former executive chairman at Templeton Emerging Markets, all the indicators now point to a great fall in the S&P 500 and the Dow Jones. “The consumer confidence is at all-time high in the US, and it’s not a good sign,” he said. “The market looks to me to be waiting for a trigger that will cause it to tumble.
“You can’t predict what that event might be – perhaps a natural disaster or war with North Korea,” he said, stressing that a fall in the US market would mean trouble for everyone....READ MORE