Gold & Bitcoin Crash What's Really Going On

Today gold experienced it’s largest two day drop in 30 years crashing through its support at $1400 dollars an ounce, silver also dropped sharply, losing 6% in a single day and Bitcoin fell through the floor shedding 70% last Thursday, all the while the stock market is showing signs that it too is in a bubble and is is likely to face a serious correction in the coming months. What’s really going on here? Many are saying the gold crash was sparked by indications that Cyprus may be forced to sell off its gold reserves and by fears that this policy may be implemented throughout Europe.

Euro Crisis is Just Beginning, Global Collapse is Coming

The crisis in the Euro-zone is just beginning. We will see bailouts and temporary fixes presented as solutions over and over, but in the end it will collapse. This collapse will not be constrained to the Euro-zone, but will be part of a much larger systemic failure, a global economic collapse. Regardless of which country you live in this is going to impact your life. We got a glimpse of things to come in this past week with the Cyprus banking crisis when bank accounts were frozen to prevent withdrawals as politicians debated taking money directly from deposits to bail out the banks.