Tuesday, June 26, 2012

Unpredictable times ahead

The water appears calm but a storm is approaching.

Comments and warnings by many experienced businessmen and investors are disheartening:

George Soros, 81, previously bet against the British pound in the early 90s and made $1 billion off its collapse says in January 2012:

“I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career,” Soros tells Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.”

Robert Kiyosaki, author of Rich Dad Poor Dad series warns in year 2011:

“Economic collapse is coming. I encourage Americans to stock up on food, guns and precious metals. “

The acclaimed, and highly accurate trends forecaster Gerald Celente is warning America again that a complete economic collapse is closer than ever before.

It is better to be prepared than to be caught unprepared. I hope I m prepared. How about you?


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