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Wednesday, March 04, 2015

Billionaire Warns Of Total Collapse End Game Scenario: ‘No Way Out… Your Money Will Be Worthless’

It’s time to start considering the endgame

With currencies being rapidly devalued by their respective governments, the global economy in a slow-down, and tensions over resources heating up around the world, it’s time to start considering the endgame.

According to billionaire resource investor Carlo Civelli there is likely no way out for central banks which have spent the last several years printing money hand over fist. Over his decades’ long career Civelli has either managed or financed over 20 companies, many of which now have market capitalizations in the billions of dollars, so he knows a thing or two about investing during boom times, as well as busts.

In his most recent interview with Future Money Trends he warns of an endgame scenario that is nothing short of a total collapse. And here’s the scary part: Civelli says that even gold may not be a safe haven should the worst case scenario play out:

If we all talk about the end game and a scenario of total collapse, I can see the governments telling everybody that your money is now worthless and the bonds you own are now worthless. You all have to take a haircut.

But would they let the people that own gold get away with it? I don’t think so.



Anonymous said...

Then his money is also worthless.No need being stuck with gold,because the policy each day for traders is to check the price of gold per ounce in US CURRENCY,which will also be worthless.The value of gold will always equate to the value of global currency.No more,no less.

Anonymous said...

No worry because we ALL will be in the same boat.

lmclain said...

No worry? Really?
Most of you have been happily cheering everything that's going on.
You'll worry when about 20-30 punks with guns show up in your neighborhood hungry and cold.
When bread cost $30 a loaf (if you can find it) and a gallon of milk is $45, you'll worry.
I've told you --- there is ONLY one way this is going to end and that is sudden and catastrophic.
Even the government knows it --- why do you think have been drilling relentlessly with American military units on how to suppress civil insurrection? Why have they been passing out military equipment to every Podunk, 2 bit town in the country?
Bad things are coming, and just like in the late 1920's, its going to happen almost overnight.
It won't be shared misery this time, though; its going to be dog-eat-dog, every man for himself.
The goofs who are afraid of guns (and desperately want to take mine, too) are going to be in Nirvana --- they'll get to feed the poor and house the homeless. Whether they like it or not.....
Keep cheering.

Anonymous said...

Bullets will rule!