Bill Holter, Greg Hunter and SRU Sunday 3-1-2020
Bill Holter – Credit Game Over - Debt Cannot Be Paid - Buy Gold
Greg Hunter: Feb 29, 2020
Holter predicts, “I think in a short period of time, you are going to see swings of $200 to $300 per ounce in gold and $5 to $10 per ounce swings in silver.
From the standpoint of so much paper being sold compared to real physical metal, there is going to be a cash call. This will expose the fact that there are 300 or 400 paper ounces for every one real ounce that exists.”
In closing, Holter says, “Cash generation is slowing, and that is going to be a problem with servicing the existing debt. There is so much debt that it can’t be paid off.
That is the problem. . . . I have said this many times, once the credit markets break, distribution will not happen and then it is credit game over.”
The Panic Buying Begin's As Costco Shelves Stripped In NYC, San Francisco, Seattle, Hawaii etc...
Silver Report Uncut: Mar 1, 2020
This has begun to escalate quickly as panic buying hits the US beginning at Costco, Sam's club, and other box stores across several major US cities including New York City, Several cities around California, Seattle and Hawaii.
Let's hope this is all just for good measure but it seems people are beginning to hoard and it's actually a worldwide problem that could leave several grocery chains out of supplies.
The truth is while some people are thinking that the stock market has bottomed there are some serious fundamental flaws.
Worldwide shipping has just about ground to a halt so it leaves the world with some critical shortages of many items and even common household items.