Saturday , 2 November 2024

A Disaster Of Epic Proportions Is Brewing Behind the Scenes

The situation the world finds itself in is not one of growth andcrisis prosperity, but one of uncertainty and doubt, and it has the financial elite running for the doors, scared and worried. So what is going on behind the scenes? Do they know something that the rest of the general public does not? Do they think that a system collapse is just over the horizon? 

Key smart money players have been getting out of the general stock market, taking on massive short positions.

  • Carl Icahn has taken on a giant short position…turning completely and utterly bearish on the global economy.
  • George Soroshas slashed his fund’s overall equity holdings by 25%…- the lowest position since 2013 -…and taken a large position in Barrick Gold, making it his fund’s largest US holding. [By doing so] he is showing that he believes gold to be a solid bet in these times of uncertainty. We couldn’t agree more…

The Western world is in no better of a situation and the proliferation of fiat money is the only thing keeping this Ponzi scheme afloat. Unfortunately for the unknowing masses, who have prepared not in the least bit, this can only go on for so long.

A disaster of epic proportions is brewing behind the scenes.

Disclosure: The original article, by Nathan McDonald (SprottMoney.com), was edited ([ ]) and abridged (…) by the editorial team at munKNEE.com (Your Key to Making Money!) to provide a fast and easy read.
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