Dark clouds are now moving in fast across the world and this coming autumn could be very troublesome both for the world economy as well as geopolitically and socially. The combined risks are now higher than at any time in world history. When risks are high, it is advisable to stay away from bubble markets but, sadly, the investment world loves owning things that are priced high, totally ignoring the massive loss potential.

There are four stages of fiat money printing that have been used by central banks throughout their horrific history of usurping the market-based value of money and borrowing costs. It is a destructive path that began with going off the gold standard and historically ends in hyperinflation and economic chaos.

since we have had the biggest bubble in history over the last 100 years, the end game is likely to lead to the biggest implosion in history of the world economy and financial system.

There is so much that we could learn from all these three men but, sadly, just like we saw in 2008, most Americans are ignoring the warnings. The mainstream media has conditioned the public to trust them, and right now the mainstream media is insisting that everything is going to be just fine, so will everything be just fine as the months roll along? We will just have to wait and see.

Martin Armstrong believes that EVERYTHING is connected and this interconnectedness is at the foundation of Armstrong’s Economic Confidence Model and his ability to predict what we call the future.

Martin Armstrong’s model of predicting economic turning points deserves very serious attention. After all, upon refusing to give his Economic Confidence Model to the CIA, Armstrong was imprisoned for 12 years until his release in 2011.

The present economic expansion is being brought about by massive stimulus policies and, as such, does not constitute genuine economic growth. Such bogus economic growth by way of monetary and fiscal stimulus can go on only until either the collapse of hyperinflation brings an end to the artificial boom or the amount of accumulated debt makes state bankruptcy inevitable.

The main reason to buy gold and silver any time is as insurance against extreme negative events. The main reason for buying gold in 2016 remains the risk of an international monetary system collapse. Gold is money in extremis.

There have been reports of Westerners eating at a decent restaurant, a hotel room, and hiring a prostitute all for under $5US. In other words, the Venezuelan economy has utterly ceased to function, except through black market transactions involving dollars.

We believe, more than ever, in the inevitability of an economic collapse sometime around October as a number of black swans on the wing head our way. Let me explain why that is likely the case.