The EU Bank Collapse Has Begun

Expect the U.S. dollar, the Swiss Franc and cryptocurrencies like Bitcoin and Ethereum to be well bid in the coming weeks.

Litecoin, Monero and STEEM will all get overflow bids given the way things have been trading. When valuations become stretched to the upside these and other cryptos will move up and establish new ratios.

Gold and silver will, at first, react poorly on dollar liquidity concerns, as will oil. Once the initial panic is over, they will take off like a stolen McLaren P1.

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