One of the biggest benefits I get from writing newsletters (Mining Stock and Short Seller’s Journal) is that I get ‘grassroots Main Street’ intel from subscribers. This has led to some invavluable insights into the housing market and the general economy all over the country.
Yesterday I received this email:
Heard from a friend east of the Atlantic that things are worse than are even being reported by alternative media. I bet the only thing the banks would like more is if the Chinese took another week off! I also heard next week could be big trouble.
‘My friend’s employer is a financial institution in Europe – you can probably guess which country. Words used were ‘chaos’ and ‘possible shutdown.’ Advised to buy silver as much as possible.
This post was published at Investment Research Dynamics on October 7, 2016.
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