Sunday, May 31, 2015

We Are Now Living In A World Headed Toward Bursting Financial Bubbles And Disaster

"On the heels of another volatile trading week in major markets, today one of the top economists in the world sent King World News an incredibly powerful piece warning we are now living in a world that is headed toward bursting financial bubbles and disaster.  Below is the fantastic piece from Michael Pento.
May 30 – (King World News) – For the first time in its country’s history, Portugal sold 6 month T-bills at a negative yield. The 300 million euros ($333 million) worth of bills due in November 2015 sold at an average yield of minus 0.002%. A negative yield means investors buying these securities will get back less money from the government than they paid when the debt matures…."

at http://kingworldnews.com/bursting-bubbles-and-a-world-headed-for-disaster/

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