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January 20, 2015
"This Is Desperate" - Mike Maloney - Global Shockwave Coming On "Huge Scale" - The Central Banks "Backed Into A Corner"
By Susan Duclos
Mike Maloney from Hidden Secrets Of Money provides an overall view of the global shockwave coming at the world from the Swiss currency bombshell when Switzerland decided to cancel its policy of pegging the Swiss franc at 1.20 to the euro last week, where Maloney contends is a lot more severe than many originally thought. Maloney asserts that "This is desperate" and that what we are seeing unfold slowly on a "scale that is huge" is going to increase exponentially where we will see bombshells literally happen overnight in some cases.
Maloney is just another in a long list of experts all warning of economic "chaos" and how these things "eventually end up being good for precious metals."
Via Maloney's video details: "The central banks are now backed into a corner, and everything that I've been predicting is starting to unfold here, it's unfolding very slowly and on a scale that is huge. But it's not going to be slow forever. There's going to come a day where slow turns into very fast, and a lot of this stuff happens overnight...for instance, the currency unpeg. Nobody knew it was coming, it happened immediately. These things always eventually end up being good for precious metals. I don't look forward to the economic chaos that we are about to go through, but we'll get through it and it'll be a different world when we come out the other end.
Using charts and graphs to visually show historical patterns proving the global ramifications of what we have seen over the last week since Switzerland dropped it's bombshell, as well as what we are going to see moving forward, Maloney manages to convey the extent of the hit the central bankers just took.
