The Watchman On The Wall

The Watchman On The Wall
Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Verse 13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

Wednesday, January 13, 2016

Economic News, The Bankruptcies Begin Jan. 13, 2016

Now the corporate bankruptcies are starting…….GET OUT OF THE STOCK MARKET…..Arch Coal, the second largest coal producer in the U.S., filled for bankruptcy Monday. The Company had a debt holding to the tune of $4.5 million. Arch Coal is the victim of the commodities collapse and King Obama’s anti-coal policy. Watch the video below.

Financial writer Andrew Hoffman, pictured above, says things will spiral down so dramatically that, at some point, Yellen and the Fed will have to do an about-face on interest rates and resume QE (money printing) to try to pull the economy back up. The reaction for gold and silver prices will be to spike higher as Hoffman contends, “If the Fed actually comes out and says we are done with rate hikes and we are going back to easing again, I think a full flood of a dam breaking, like in the Superman movie, is what you are going to be seeing in the gold and silver markets. I don’t think the cartel will have a chance in hell of stopping the positive momentum. . . . Once the Fed admits it was wrong and there never was a recovery . . . I think that’s the endgame for the gold cartel.”

Join Greg Hunter as he goes One-on-One with Andrew Hoffman of Miles Franklin, the precious metals people. Watch the video below.

No comments: