– Fall 2015 turning point – civil unrest and riots globally says forecaster Armstrong– Fed have to raise rates – due to pressure from congress and media– By 2020 the cost of servicing U.S. debt will outpace defence spending– European banks will collapse and “blood in the streets”– Higher rates will also devastate emerging markets who have issued dollar-based debt– Gold to “max out at $5000 per ounce”– Advocates diversification and holding bullion coins familiar to public such as $20 gold coins– “Your portfolio has got to include everything … including bullion”
Renowned financial analysts and trends forecaster Martin Armstrong has said that gold will “probably max out at $5,000 per ounce” as “people lose confidence in government” and that we will see riots and unrest globally in the coming months – the fall of this year.
It a very interesting interview with Greg Hunter of the excellent USAWatchdog.com, Armstrong says :