40 year market veteran, Robert Fitzwilson, writes for King World News and states that the worldwide financial system is now trapped. He also believes we are looking at tremendous price increases going forward. Robert is the founder of The Portola Group, one of the premier boutique firms in the Unites States, and today King World News was given exclusive distribution rights to the following extraordinary piece:
“Pulling Back the Curtain on the Financial System”
By Robert Fitzwilson, President & Founder of The Portola Group
February 19 (King World News) - As we find ourselves closer and closer to the resolution of the Greek portion of the
European debt crisis, we can see with greater clarity how the next phase of the world’s financial system will unfold. Specifically, we see higher prices for equities, commodities and metals, with stable to declining prices for fixed income. Currencies will continue to oscillate like pistons in an engine, but the downward trend of the last 12 years will continue to persist.
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