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Global Economic Collapse Coming Soon - Silver & Gold To Skyrocket (With Stephen Kendal)

3,696 views · Published 11 February 2016 · 9:46 · Indexed 6 November 2026

Channel: World Alternative Media · 2016 · People & Blogs

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Another expert speaks out and calls a total financial collapse for 2016! Here Stephen Kendal eyes out February 24th as the beginning of something big, but says that the economy's been in a complete downward spiral since August 24th. 
We can also expect an incredible rise in gold and silver, perhaps nearly at a 1000% rate by 2021! 
During the hour long interview with derivatives expert and trend forecaster Stephen Kendal, host Josh Sigurdson and author/economic systems expert John Sneisen asked Stephen about derivatives and currency being printed out of thin air. 
As Mr. Kendal points out, people must discern the difference between money and currency. Money being something with a store of value and currency being the exchange of an IOU note. 
Josh went on to talk about the fact that nearly every paper currency ever in existence is now gone. From the Chinese paper money created in 1024 AD to the current constant devaluation and debt established by the creation of the U.S. dollar. Not to mention inflation. Where paper currency always reverts to its natural value of zero, silver and gold have always kept preservation of value despite the expected fluctuation of any form of demand. 

When asked where he sees the silver and gold markets going in the near future, Stephen said that while many people's perspective is that it's in a bear market, he believes it's in a bull market. 
According to Stephen, currently we're in a correction of an overall bull market. That on August 24th, 2015, the correction snapped and through Mr. Kendal's genius trend system which he runs, as he said, "It felt like all my birthdays had come at once."
Stephen's system flagged something that he hadn't seen before. On August 24th, there was a reverse from the 4 year bear market on silver and gold and a reverse on the 7 years of the bull market in equities. Stephen's perception is that both gold and silver are in a long term bull market and that the bear market is just a correction that we've seen since 2012. 
Stephen's theory is that by 2021, silver will hit $700 an ounce and gold will hit $27,000 an ounce.

Stephen Kendal has an interesting prediction that in 2016, we will see an introduction by banks of the block-chain technology for the derivatives and capital markets. 

Stephen said,
"The problem we have now is that we have 1.5 quadrillion of these forward looking bets that really, not one person on the planet can actually say with a model if certain things happen, what's the value of it. Well block-chain will allow that, because what it's going to do is it's going to bring all derivatives into a ledger or series of ledgers and it'll either fit or it won't. So if you've got a price or a contract or a deliverable between two parties, a party and a counter-party, the block-chain will determine whether that's right or not. It'll either be right or wrong. A block-chain won't say we'll allow it in this particular circumstance because someone put the money down on it. So what I think is going to happen in 2016 is, the crash has already started. It started on the 24th of August. I believe that we're going to see something remarkable on the 24th of February. The long term bull market has restarted on gold. The long term silver bull market has started. What I think we'll see is a rapid uptake in silver and gold and I believe that silver and gold will be the best performing asset in 2016 and it won't be because everyone will be piling into it, it'll be because of the block-chain technology that is going to be adopted."

Stay tuned for our FULL interview with Stephen Kendal! Stay safe, make sure you're well insured for the collapse! One way or another, whether it's tomorrow or 2 or 3 years from now, it's inevitable and you will not get far with paper money unless you plan on putting up new wallpaper!  


Video edited by Josh Sigurdson


Featuring:
Stephen Kendal
Josh Sigurdson
John Thore Stub Sneisen


Graphics by Bryan Foerster and Josh Sigurdson


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World Alternative Media
2016

"Find the truth, be the change."

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