January 21, 2015 “The Market Gage” features insights into the precious metals market from Roy Friedman. Roy has over 30 years of in-depth experience in all facets of precious metals. Gold and silver continued their impressive run overnight as gold broke above $1,300.00 for the first time since August while silver flirted with $18.50. Silver has really been the star of 2015 for[...]
Month: January 2015
It’s All Coming To A Disastrous End And The World Faces A Very Dark Future – Ostriches to be Slaughtered
40-year market veteran Robert Fitzwilson sent King World News an incredibly important piece that warns all the central bank tricks are coming to a disastrous end. By Robert Fitzwilson of the Portola Group January 21 (King World News) – Herbert Stein became one of the most renowned macroeconomists during his lifetime. Stein received his doctorate from the University of Chicago in 1958. Known[...]
Russia and China ‘Furiously’ Buying Up Gold As “an Undeclared Global Currency Crisis is Underway”
Mac Slavo January 20th, 2015 A larger global currency shift is underway… And it may be happening much more quickly than anyone has realized. Things are definitely in motion. Call it a game of musical chairs, or an exercise in rearranging chairs on the Titanic, or just that a tilting balance of power. Just don’t make the mistake of thinking this is all routine. As Michael Snyder just[...]
Panic At Davos After Swiss Move As Bank Runs Accelerate And Financial System Begins To Implode
Today a man who has been uncovering critical information for 25 years told King World News there is panic in the air at Davos as the shocking Swiss move has bolstered record attendance at a time when the bank runs in Europe are accelarating and the global financial system is beginning to implode. Eric King: “Steve, as you know there is going to be record attendance at the meeting in Davos and[...]
Boom: The Crashing Price Of Oil Is Going To Rip The Global Economy To Shreds
"If you were waiting for a “black swan event” to come along and devastate the global economy, you don’t have to wait any longer. Currently, the price of U.S. oil is sitting at $45.76 a barrel. It has fallen by more than 60 dollars a barrel since June. There is only one other time in history when we have seen anything like this happen before. That was in 2008, just prior to the worst[...]
The Market Gage – Precious Metals Experience Active MLK Trading Day
January 20, 2015 “The Market Gage” features insights into the precious metals market from Roy Friedman. Roy has over 30 years of in-depth experience in all facets of precious metals. The physical corner of the precious metals world had a very active MLK trading day as investors took the opportunity to buy a slight dip in prices as compared to Friday’s closing levels and an early[...]
Will China Be the Next Forex Peg to Break?
January 19, 2015 By Craig Stephen HONG KONG (MarketWatch) — The surprise move by Switzerland to scrap its currency ceiling against the euro last week is a reminder there can be unexpected collateral damage from central banks waging currency wars. As markets digest last week’s turmoil, expect focus to turn to other fault lines on the global currency map. Here China stands out, as like the[...]
Shocking Reason Why Germany, Netherlands And Belgium Are Repatriating Their Gold From U.S.
On the heels of today’s surprise German Bundesbank announcement that Germany allegedly repatriated 120 tonnes of gold back from the U.S. and Paris, today a 50-year veteran spoke with King World News about the shocking reason why the Netherlands, Germany, and Belgium are bringing their gold back home. He also discussed the mini-crash in China and the extraordinary move by the Swiss central[...]
Richard Russell Warns Great Forces Now Overpowering Central Banks – Expect Gold-Backed Currencies
After a wild week of trading that saw chaos erupt in Europe and the price of gold and silver soar, the Godfather of newsletter writers, 90-year old Richard Russell, warned that great deflationary forces are now overpowering central banks and the world is going to see gold-backed currencies once again. Richard Russell: “The great deflationary forces that are overpowering central banks[...]
The Fix is In: Why Gold Price Manipulation is Now a Global Effort – Rickards Commentary with Video
By James Rickards A lot of people think about gold as a percentage of total reserves. So countries have reserves. What percentage of your reserves consist of gold? For example, a lot of people are surprised to learn that the United States has 70 percent of its reserves in gold. China has about 1 percent of its reserves in gold. So people look at that and think that’s the imbalance. But[...]