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View Full Version : Greg McCoach interview with The Gold Report



Spartacus
12th October 2013, 10:56
Here's a couple of quotes:

"TGR: I've read that even if only 4% of the derivatives held by the banks are at risk, and only 10% of that goes south, it would completely wipe out the net worth of the top five banks.

GM: At this point, the acceleration of what I consider tyrannical measures on the part of the U.S. government has reached such a degree it's obvious that something is coming. Why would it buy billions of rounds of hollow-point ammunition? Why is it buying millions of ready-to-eat meals? Why would it take all these extra security measures? Obviously, the U.S. government knows more than the general public does and it reveals something is wrong and the government is worried about it."


* * *

"TGR: What will be the warning signs of the next crisis?

GM: The warning signs are all around us right now and have been for the last six months. The big meeting at the White House with all the financial people I already mentioned was a huge sign. The erratic behavior lately of the U.S. government with the Middle East, particularly Syria, is also a sign. In recent weeks we have heard about a worldwide currency reset that is to take place in the very near future. This is telling those who have ears to listen that the Keynesian fraud of creating monies out of this air has reached a limit so they need to reset.

All of this means that we'll wake up one morning and life will be very different. You'll see markets performing erratically. You'll see civil unrest. Most people think it will have something to do with another banking crisis, a derivatives situation. It could be a new war. I think things could happen quickly and take us down a very dark path. All we can do is prepare for ourselves and our families. You have got to own physical gold and silver that is in your possession."

And here's the link to the full interview:

www.theaureport.com/pub/na/greg-mccoach-says-keep-the-best-and-dump-the-rest

Mulder
12th October 2013, 16:35
I've been hearing this kind of fear-talk since before 2008 from people like Lindsay Williams & there has not been any financial disaster as yet. The elite can keep the current system going for years to come and they can avoid a collapse by having another Bretton-Woods agreement. I'm just not buying into the fear anymore as the elite will never loose control...