Metals To Outperform In Q4

COMMODITIES & CURRENCIES

Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on COMMODITIES & CURRENCIES were channeled on June 17, 2011 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming…

My Big Fat Greek Default

Currency markets are on high alert. Everybody’s guessing what will happen to Greece with its political and economic unrest. The Greek 2-year bond yield has jumped to 29.69%. The Athens Composite Index hit a new 14-year low on Thursday. Should anybody really be lending this country more money? Isn’t it like lending money to your alcoholic uncle who promises to pay you back and never will? It’s beginning to look like default may be the best alternative for Greece and possibly others.

Protect The Criminals First

Europe keeps looking for ways to bail out the bankers who caused the problems for all these countries in the first place. By all means, let’s protect the bankers who have “exposure” to the debt burden of these countries to whom they lent money and are now crumbling under the weight of their bad economic and political decisions. Forget the citizens – they can just take on more austerity measures – the bankers need to get paid.

A Tsunami Of Defaults Coming

There is a tsunami of problems brewing to create the perfect storm for currencies and commodities. Major economies in the world – the US, the UK, and Japan are slowing down. The housing market has gone into a double-dip, unemployment is up and consumer confidence is down along with spending. Countries, states, cities, banks, corporations, and individuals are all defaulting on their debts and entitlement obligations. Add to all this, another country popping up each week, run by some dictator who the western world used to support, that needs to be bombed into freedom and democracy. Oh, and don’t forget Mother Nature who is relentless in reminding us that she is the real ruler of the world.

People and Countries Need A Do-Over

Once a country looks to be defaulting on its debt, other countries should think twice about lending it more money. Taking on more debt is not the answer and the situation becomes an albatross around the necks of the next generations. Wouldn’t it be better if everybody who got into trouble got a “do-over” instead of enabling them to continue down their paths of self-destruction? Rather than destroying currencies and inflating commodities, wouldn’t it be less destructive to global economies if the bankers just once didn’t get paid?

We would ask our Higher Intelligence source to bring through their predictions and commentary on this and anything else they see as relevant to Commodities and Currencies at this time.

… Go ahead with your predictions and commentary…
Voice of Higher Intelligence: predictions

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