Monday, June 9, 2014
John Williams Massive Dollar Selloff in 2014 Game Over
I think they will hold it off until Obama is on the way out, just like they did for the 08 crash. Kick the can down the road until someone else has to deal with it.
John Williams of Shadowstats.com has a grim view of 2014. He says, "It's really going to be a currency panic . . . when the fundamental selling pressure really starts to pick up, when the selling gets heavy . . . in turn, the weakness will be seen in a spike in oil prices and a spike in gasoline prices." Williams says there will be a panic out of the dollar and he predicts, "Once you see a massive sell-off here, I see the game as being over." Join Greg Hunter of USAWatchdog.com as he goes One-on-One with economist John Williams.
Labels: John Williams