Friday, March 2, 2012

Martin Armstrong: FLASH CRASH in Bonds Coming that Will End Current System

Martin Armstrong discusses Wednesday's flash crash in precious metals, and states that we are 'past the point of no return', and will one day soon have a 'FLASH CRASH IN BONDS' which will end the current system. 

This Flash Crash was by no means a “Fat-Finger” Error as portrayed previous. This Flash Crash was illustrating how unsettled the markets are and the lack of confidence in general that exists. Of course, the rumors prefer to blame a cascade effect that of algorithmic and high-frequency trading platforms. Others call this the robot attack. Still others say it was JP Morgan who sold gold short a other attribute it to selling one million ounces of gold all at once for an Asian fund (10,000 futures contracts).

We are headed toward a debt crisis of untold proportions. This is so drastic that it will bring down all government and require a complete restructuring. This is the same type of crisis brought down
Communism in both China and Russia. We are past the point of no return.