Take Note: Whats Happening in Europe Could Cause Major Crisis In U.S.!

Lorimer Wilson / Munknee.com

Many people have been writing in to ask me, “why are you focusing on Europe so much? Who cares about Spain?” The short answer is that everyone should care about Spain. Spain could potentially take down the banking system in Europe, which would mean the U.S. facing a Financial Crisis at least on par with 2008. That is why Europe is a HUGE deal for everyone….We’re talking about systemic risk [...]

Higher Interest Payments on Debt = Higher Prices for Gold and Silver

By Munknee
Published: Today

A Dark Shadow Lights Up the Gold Market

Historically the price of gold rises when there’s an increasing percentage of federal revenues going to pay interest on the national debt and…declines when US interest payments move down as a percentage of federal revenues. [Given what is currently unfolding,]…the forecast for the price of gold is simply up, up and away. [Let me show you in [...]

Richard Russell: Demise of the “Yankee Dollar” vs. the Rise in Gold

Sadly, the great American public doesn’t understand what is happening…[and that it will be] on a greater scale than has ever occurred before in the history of mankind. It’s going to hit the current generation of Americans like a whirlwind. It will be historic in its intensity and destructiveness. [Here is an attempt to enlighten them.] Words: 939

So says Richard Russell (http://ww1.dowtheoryletters.com/dtlol.nsf) in an article* which Lorimer Wilson, editor of www.munKNEE.com,  [...]

A Financial Crisis in 2012 is Inevitable! Here’s Why:

2012 is shaping up to be the blockbuster main event of the ongoing financial crisis. Massive amounts of new debt, vast quantities of additional digital dollars and the spark of higher interest rates will set off version 2.0 of the credit-driven financial implosion. Let me explain. Words: 1954

So says Arnold Bock (www.FinancialArticleSummariesToday.com) in an article which Lorimer Wilson, editor ofwww.munKNEE.com,  has edited  for the sake of clarity and brevity [...]

UK Economy Is Definitely Heading for Double Dip

by FLM

I went to the supermarket for groceries last night, in the Uk that is and was surprised to see how not only the UK government raising VAT by 2.5% in 2010 and another 2.5% this month, but prices of many items had gone up by 10% in one go, just 2 examples amongst many, a packet of ready mash for convenience and a hand [...]