“Therefore, what is likely, is that at some point,
the markets will just overwhelm and engulf the whole thing and short-term, that
will lead to chaos. The whole central banking, International Monetary Fund
banking system, I mean it just begins to look more and more like the biggest
Ponzi scheme we’ve ever seen on earth.
There are going to be some serious banking collapses
and the impact of that on some sovereign states, will be serious. I’m afraid
we’ve gotten to a point where we really can’t stop this now. We’re beginning to
reach a stage where however much false money you create, the problem becomes
bigger than the people trying to solve it. We are very close to that
point.
When I talk about the threats and the risk that this
thing could wind up in some kind of rebellion, some sort of awful social
cataclysm, they (other European politicians) are now very worried indeed. They
will talk to you in private, but in public, nobody dares utter a word.
I think the deterioration, in the last two or three
weeks, in the eurozone is very serious indeed. It’s the bond spreads in Italy
and Spain. It’s the fact that youth unemployment is now over 50% in some of
these Mediterranean countries.
It’s riot and disorder on the streets. And yet a
month ago I was here and there was Herman Van Rumpuy telling us, ‘We’ve turned
the corner. Everything is solved. There are no more problems with the
eurozone.’ What a pack of jokers they look like.”
Farage also had this to say about
the Italian movement of gold: “It was interesting to see massive bullion
movements last month, out of Italian banks and into Swiss banks. So, people who
have purchased gold for protection and have kept the gold in Italian bank
vaults, now their trust in Italian banks is so bad they have physically moved
the bullion to Switzerland. I’m still a believer, buy gold on dips.”
