Bix Weir and I connected today. With the unannounced end of the Swiss Franc Peg, Bix believes that the potential carnage at the large banks is potentially huge. We won’t know how huge for perhaps several months. But it’s events like this that show us the fragility of the world financial system. And Bix believes the ultimate set-up is about to take place and when it does, it’s farewell too big to fail banks. And then you’ll need all the gold and silver you can hoard because the system will be no more.
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