Silver Dollar Values Prices Will Be Skyrocketing But Global Financial System In For Troubles Now!

June 5, 2012 - PRLog -- The summer time of 2012 is shaping up to be very similar to the summer time of 2008.
Things look incredibly bleak for the global economy right now. Financial activity and lending are slowing down all over the planet, and worry is starting to paralyze the whole global monetary system. Issues didn't look this bad back in the summer time of 2011 and issues certainly did not look this bad back in the summer of 2010. It's almost as if a "perfect storm" is brewing.

Today, the international financial system is a finely balanced pyramid of danger, debt and leverage. Such a method requires a high degree of confidence and stability. But when self-confidence disappears and fear and panic take over, the home of cards can literally start collapsing at any time. Right now we're watching a slow-motion train wreck unfold and nobody appears to understand how to quit it. Unless some kind of a miracle happens, issues are going to look much various when we reach the start of 2013 than they do these days.
The following are 21 signs that this might be a long, hot, crazy summer time for the international financial method.... Read more at http://silver-dollar-values.com

#1 There are rumors that major monetary institutions are canceling employee vacations in anticipation of a significant financial crisis this summer. The following are a few tweets quoted in a recent post by Kenneth Schortgen Jr....
Todd Harrison tweet: Hearing (not confirmed) @PIMCO asked employees to cancel vacations to have "all hands on deck" for a Lehman-type tail event. Confirm?
Todd M. Schoenberger tweet: @todd_harrison @pimco I heard exactly the same thing, but I also heard exactly the same for "some" at JPM. Heard it today at a hedge fund luncheon.
As Schortgen points out, these aren't just your average Twitter customers....
Todd Harrison is the CEO of the award winning web media company Minyanville, while Todd Shoenberger is a managing principal in the Blackbay Group, and an adjunct professor of Finance at Cecil College.
#2 The Bank for International Settlements is warning that international lending is contracting in the fastest pace since the financial crisis of 2008.
#3 Unemployment in the Eurozone has hit a brand new all-time record high.
#4 The government of Portugal has just announced that it'll be bailing out three significant banks.
#5 Many U.S. banking stocks are being hit extremely hard. For instance, Morgan Stanley stock has declined by 40 percent over the past four months.
#6 Yields on Spanish debt and yields on Italian debt have been completely soaring.
#7 10-year U.S. Treasury notes hit a record low on Friday because investors are scared and they are looking for safety. The following is from a recent USA These days article....
"Treasuries are at 1.46 because individuals are freaking out," says Mark Vitner, senior economist at Wells Fargo Economics.
#8 New orders for factory goods in the United states have declined 3 times in the last four months. That's a sign that the "economic recovery" in the U.S. has clearly stalled.
#9 U.S. job growth in May was well beneath expectations and the unemployment rate has increased to 8.2 percent.
#10 Economies all over the developed globe are seriously slowing down right now. The following is from a current article by Ambrose Evans-Pritchard....
Brazil wilted in the first quarter. India grew at the slowest pace in nine years. China’s HSBC manufacturing index fell further into contraction in May, with new orders dropping sharply and inventories rising. Go here now to http://www.silverdollar.cc for profitable investing ideas.
#11 Stocks in Japan hit a 28-year low on Monday.
#12 Over the past 5 years, the stock markets of Greece, Spain, Italy, Portugal, Ireland and Cyprus have all fallen by more than 50 percent. Will we soon see comparable outcomes all over the rest of Europe?
#13 The Greek economy is literally shutting down. Just check out the chaos that unpaid bills are already causing....
And unpaid bills are now threatening Greece’s electricity supply. State-owned Electricity Marketplace Operator (LAGIE), a clearing home for power transactions, hasn’t paid independent power producers for electricity it bought from them. They, in turn, haven’t paid their natural gas supplier, Public Gas Corporation (Depa), which now does not have the cash to pay its supplier. Payment is due on June 22. Alas, its supplier is Gazprom in Russia, and they insist on getting paid. If not, they'll shut the valve, and Depa will not get the gas to supply the independent producers, which will have to take their power plants off line, removing about a third of the country’s electricity production.
#14 It's estimated that you will find 273 billion dollars of failed real estate loans in the Spanish banking method.
#15 In March 66 billion euros was pulled out of Spanish banks and sent out of the country. That was an all-time record and that was prior to we even knew the outcomes of the recent elections in Greece and France. The numbers for April and May will nearly definitely be even worse.
#16 The unemployment rate in Spain is 24.4 percent and for those below the age of 25 it's over 50 percent.
#17 Former Italian Prime Minister Silvio Berlusconi is warning that Italy might have to take drastic actions if some thing is not done soon....
"People are in shock. Self-confidence has collapsed. We have never had such a dark future," he stated. Indeed, the jobless rate for youth has jumped from 27pc to 35pc in a year. Terrorism has returned. Anarchists kneecapped the head of Ansaldo Nucleare last month. Italy’s tax office chief was nearly blinded by a letter bomb.
"If Europe refuses to listen to our demands, we ought to say 'bye, bye’ and leave the euro. Or tell the Germans to leave the euro if they're not pleased," he said.
#18 It now looks like Cyprus is going to become the next European nation to need a bailout.
#19 Switzerland is threatening to implement capital controls in order to stop the massive flow of cash that is coming in from banks about the rest of Europe.
#20 As I wrote concerning the other day, World Bank President Robert Zoellick is warning that "the summer time of 2012" could end up being very similar to what we experienced back in 2008....
"Events in Greece could trigger monetary fright in Spain, Italy and across the Eurozone. The summer time of 2012 offers an eerie echo of 2008."
#21 Germany’s former vice-Chancellor, Joschka Fischer, is warning that the whole EU could fall apart over this crisis....
"Let’s not delude ourselves: If the euro falls apart, so will the European Union, triggering a international financial crisis on a scale that many people alive these days have never experienced"

This is why it's so extremely essential to get ready.
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