LIVE! Bank of America Warns Of "SYSTEMIC CREDIT EVENT." (Liquidity Crisis/Credit Freeze).
From Greg M
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Hi Greg,
The reason gold and silver dropped today is because of the Fed meeting tomorrow as that had been their pattern. My assessment is there will be a major credit crisis with tremendous liquidity (20 trillion) thrown at the system but it will eventually be the hyperinflation that they will not be able to control and that is when the system collapses. I still think we have a little time before hyperinflation destroys the system(1-2 years) depending on the next round of public stimulus as the economy collapses but it will be gold and silver that will win this war in the end.
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