With crude oil falling and the U.S. 30-Year Treasuries spiking, today King World News is featuring a piece from one of the greats in the business that says gold and gold mining shares are now acting like the Chinese stock market prior to its 100% surge! "Nature's first green is gold. Her hardest hue to hold. Her early leaf's a flower; But only so an hour. Then leaf subsides to leaf. So Eden sank [...]
Author: Chris
With 93 Million Already Unemployed In U.S., The Coming Nightmare Will Be Multiples Of The Great Depression
With the Dow comfortably above 18,000 and the Nasdaq near 5,000, today a 50-year market veteran warned King World News that with 93 million people already unemployed in the United States, the coming nightmare will be multiples of the Great Depression. He also spoke about the action in the gold and silver markets. John Embry: “I’m so frustrated by the bogus market action that I don’t[...]
Bo Polny – It’s All Down from Here, Except Gold and Silver – Audio Interview
Bo Polny talks with Kerry Lutz and provides his perspective on major markets. He’s calling for a major sell-off on the dollar and treasuries. He also sees a major sell-off on world stock markets as well. It’s going to occur before summer and this will lead to a major increase in gold and silver prices. He believes that you need to be long gold and silver and short the dollar and bonds.[...]
Richard Russell – World’s Disastrous Situation To Produce The Greatest Bear Market In History
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, warns that the world's disastrous situation will produce the greatest bear market in history. Russell also shares his strategy for surviving the coming chaos. Richard Russell: "Today everybody watches the news with the intensity of a barn owl[...]
The Great Disconnect——Central Bank Driven “Markets” Have Nothing To Do With Economics
by David Stockman The German bund yield is soaring like a rocket today. After touching on the truly lunatic rate of 5 bps only a few weeks back, it has just crossed the 60 bps marker. Needless to say, when a blue chip 10-year bond widely held on @95% repo leverage moves that far that fast—–there is some heavy duty furniture breakage happening in fast money land. But don’t cry[...]
“Losses Will Be Devastating,” Triggering A Derivatives Blow-Up And Worldwide Collapse
Today the man who remarkably predicted the collapse of the euro against the Swiss franc warned King World News that "losses will be devastating," triggering a derivatives blow-up and worldwide collapse. Egon von Greyerz: “Eric, I’m looking at the bond markets, worldwide. What we’ve seen now both in the U.S. and in Germany is that rates have increased pretty fast in the last few[...]
Violent Bond Moves Signal Tectonic Shifts in Global Markets
It is absolute pandemonium in the fixed income markets. Everybody has been trying to get out at the same time but the door is getting smaller,' says RBS A wave of turmoil is sweeping through sovereign bond markets, setting off the most dramatic gyrations seen in recent years and threatening to spill over into over-heated equity markets. Yields on German 10-year Bunds spiked[...]
The War On Cash: Australia Leads The New Age Of Economic Totalitarianism
The reason I moved the Solution Conference forward was due to the fact that all my sources behind the curtain were screaming from the four corners of the world that the new age of Economic Totalitarianism is upon us all. Australia will be the first to introduce a compulsory tax on savings. This is the ultimate Marxist state for now anyone with spare cash is the enemy of the Conservative Tony [...]
The End Is Near, Corporations Are The Ultimate Dumb Money
by John Rubino on May 4, 2015 David Stockman just published a chart so compelling that he didn’t feel the need to add any commentary. But there are a few things to be said about the tendency of public companies to repurchase their shares at the very top: “Peak buyback” is a sign that executives are seeing fewer opportunities to generate positive returns by building new factories or[...]
The Catalyst For The Next Global Crisis Is About To Be Triggered
Today the man who first predicted Greek bank deposits would be stolen warned King World News that the catalyst for the next global crisis is about to be triggered. He also discussed the shockwaves that will result from the coming crisis as well as what to expect in the metals. James Turk: "Slowly but surely, Eric, the bulls are gaining control of the precious metals market. We are seeing[...]