“Think About and Prepare For” Euro Catastrophe

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“Think About and Prepare For” End Of Euro – TV3 Agenda Interview

David McWilliams interviewed Lara Marlowe and Cormac Lucey about the elections in France (April 23 and May 7) for TV3’s Agenda and the short interview about the French elections, Le Pen and the risks posed to the euro is a must watch.

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Key points covered
– “Could the French say ‘au revoir’ to the euro?”
– Brexit vote and Trump election given a “lot of cold chills”
– Le Pen has “promised to take France out of euro”
– Her election would be “catastrophic for Europe and the euro”
–  “If people break out from the lunatic asylum … Ireland should leave the euro…”
– ‘Going bankrupt slowly and then suddenly’ as per Hemingway’s warning
– “Money moves when it is panicked …”
– This is now not a “fringe” concern – deep insiders are warning
– Lack of rational debate about risks – blindly dismiss concerns
–  “Seeing a slow motion bank run…”
– “Think about and prepare for…”

Interview can be watched on TV3 here (Begins 15.43)

 

Gold and Silver Bullion – News and Commentary

Debt deadline in the U.S. is something that is being largely ignored (MarketWatch.com)

Gold steadies after fall on Fed rate hike expectations (Reuters.com)

Yen Gains, Topix Falls on Korean Missile Report (Bloomberg.com)

Deutsche Bank seeks to raise $8.5B in capital (MarketWatch.com)

CME and Reuters to stop providing LBMA silver price benchmark (Reuters.com)

This is NOT like the dot-com bubble… it’s much worse (MarketWatch.com)

Bitcoin Unlike Gold – Not Proven Long Term Store of Value (MarketWatch.com)

Visualizing The US Debt Ceiling (In $100 Bills) (ZeroHedge.com)

Gold and Silver Outlook 2017 (Popescugold.com)

‘Paper vs. physical dilemma’ can power gold – Tice (CNBC.com)

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Gold Prices (LBMA AM)

06 Mar: USD 1,231.15, GBP 1,004.74 & EUR 1,162.82 per ounce
03 Mar: USD 1,228.75, GBP 1,005.12 & EUR 1,168.05 per ounce
02 Mar: USD 1,243.30, GBP 1,013.17 & EUR 1,181.14 per ounce
01 Mar: USD 1,246.05, GBP 1,007.18 & EUR 1,182.50 per ounce
28 Feb: USD 1,251.90, GBP 1,006.90 & EUR 1,180.79 per ounce
27 Feb: USD 1,256.25, GBP 1,011.16 & EUR 1,187.41 per ounce
24 Feb: USD 1,255.35, GBP 1,000.89 & EUR 1,185.18 per ounce

Silver Prices (LBMA)

06 Mar: USD 17.81, GBP 14.53 & EUR 16.83 per ounce
03 Mar: USD 17.66, GBP 14.44 & EUR 16.76 per ounce
02 Mar: USD 18.33, GBP 14.93 & EUR 17.42 per ounce
01 Mar: USD 18.33, GBP 14.89 & EUR 17.40 per ounce
28 Feb: USD 18.28, GBP 14.70 & EUR 17.24 per ounce
27 Feb: USD 18.34, GBP 14.77 & EUR 17.33 per ounce
24 Feb: USD 18.27, GBP 14.56 & EUR 17.23 per ounce


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