Today King World News interviewed a 60-year market veteran who made some absolutely frightening predictions as we head into the end of 2014. He discussed what to expect in the major markets, including stocks and gold, and he warned that despite the propaganda and recent stock market action, the West is literally “destroying” itself. Below is six-decade market veteran Ron Rosen’s remarkable interview.
Eric King: “Since the Western central planners decided to attack the gold market once again, what people really want to know is will they be defeated?”
Rosen: “I don’t believe they can smash the long-term bullish trend in the gold market shown on the chart above. And if they do, the system that we live under will be totally destroyed and they will be taking over like a dictatorship. They may be able to push the price around from time to time but they cannot entirely destroy the forces of the free market, and that line in the chart above shows you where the free market lives.
And we are going to hit that trendline in a matter of a few dollars. We are not that far from it now. That is the line on the chart that says, ‘Free Market.’ They may try to attack that line but if they succeed in breaking it then we are all screwed. And if it can’t be done we will know. And if it can’t be done then they are screwed. That’s Mother Nature’s line. That’s Natural Law. That’s out Creator saying, ‘You aren’t going beyond here, and if you do then you are destroying yourself and you will pay a hell of a price.’
The reversal in the gold market is going to create the biggest move of all. All you have to do is look at that quarterly chart above and you can see that each move has accelerated and is much bigger than the last one. And if the line holds, which I think it will, the next move will be even more spectacular than the massive surge in gold in the previous leg where gold tripled in price. Meaning, this last move in gold will be pretty damn big to the upside — that’s the way this unfolding and no government or syndicate of banks can stop it.”
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