Dr. Jim Willie-Big Banks in Danger of Imploding

Greg Williams

Greg Williams

Well-Known Member
Silver Stacker
Dr. Jim Willie, Publisher of the Hat Trick Letter, thinks, "Reversal in the Treasury bond market could be a death blow for these zombie New York banks . . . These big banks are in danger of imploding." Dr. Willie predicts, "I don't think the Fed is going to taper its bond buying. I believe they are going to double it." Dr. Willie goes on to say, "The Fed will say let's continue QE, and instead of suffocation from rising rates, we'll have drowning from rising costs. . . . They are going for drowning because it's slower." Join Greg Hunter of USAWatchdog.com as he goes One-on-One with financial analyst Dr. Jim Willie of GoldenJackass.com.
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[youtube]http://www.youtube.com/watch?v=3pny7v62YSE[/youtube]
 
Derivatives will be the one step too far and the banks will fall, one by one into the black hole.

I have quite a few balboas... Night be on an unforseen winner there. :)

Regards Errol 43

Good video Greg.
 
I watch US watchdog often, and I am certainly no expert on half the stuff the guests speak about, but it is hilarious sometimes when Greg pretends to know what they are talking about and he has absolutely no idea. As they say sometimes its better to keep your mouth shut and thought a fool than open your mouth and remove all doubt.

Good on Jim for covering for him.

Laufffffffffffffffffff.
 
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