JUL 26, 2016
Silver Price Forecast 2017/2016
The worst part of the world’s ongoing financial crisis is still on the way: A crisis that has its roots in the debt-based monetary system. The debt-based monetary system has facilitated the growth of debt, to levels that will inevitably bring total collapse.
Everyday we see more and more events (think Greece, Deutsche Bank, etc.) that suggest that the total collapse is very close. The number of these will increase over the coming months, while their extent will also greatly magnify.
The high debt levels are a huge burden that will strangle the world economy, since future production is reduced by debt obligations. That is just how it works. When you have huge debt, you will have less of your future income/production available due to the debt obligation that has to be met.
These debts will have to be settled. There will be no progress (growth in economy) until debts are settled. The settlement of these debts is that “worst part” of the financial crisis. The majority of these settlements will occur as the stock market collapses, and currencies/banks fail (the collapse is the settlement). This will be the greatest depression.
The crisis cannot be stopped, but you do not have to be caught up in its worst effects. Silver, as I have previously explained, is virtually the opposite of debt and, therefore; great insurance against the coming debt (particularly: stock market, currency and banking system) collapse.