from King World News With continued uncertainty in global markets, today a 50-year market veteran warned King World News that the world is now facing the most frightening and dangerous crisis in modern history. He warned people not to listen to the mainstream media, which is pleading with the public to “stay the course.” John Embry: “Gold and silver prices had a spectacular day on Friday, [...]
Tag: dollar collapse
Putin Sends Nuclear Bombers Over English Channel: “Transponders Turned Off… Invisible to Air Traffic Control”
Russian President Vladimir Putin hasn’t been one to back down in response to sanctions against his country and attacks on his economy. Rather, he has stepped up not only his rhetoric, but his military activities as well. His latest move is yet another show of force to let the West know Russia is prepared to do whatever is necessary to protect its interests. The U.K.’s Royal Air Force[...]
Legendary Felix Zulauf’s Frightening Warning – World to Experience 5 Years of Brutal Crisis and Chaos
Today one of the legends in the busines, Felix Zulauf, issued a frightening warning to King World News that the world is going to experience 5 years of brutal crisis and chaos. The 20-year Barron’s Roundtable panelist also issued a dire warning about what to expect in the coming 5-year period of intense crisis and chaos. Felix Zulauf: “We have zero percent interest rates in Europe. We have[...]
Billionaire Eric Sprott – Entities Wiped Out Overnight As Western Central Banks Near Total Surrender
Today billionaire Eric Sprott warned King World News that as entities are being wiped out overnight, Western central banks are nearing the point of total surrender. This interview takes a trip down the rabbit hole of desperate central banks coming to the realization that it's nearly game over. Eric Sprott: “I find it very ironic that the most volatile asset class these days is currencies. This [...]
Richard Russell Big Picture For Gold – Collapse In Russia, Commodities And A World Flooded With Liquidity
On the heels of the S&P downgrade of Russian debt, as the global markets impatiently await the FOMC decision, today the Godfather of newsletter writers, 90-year old Richard Russell, discusses the big picture of the collapse in Russia, commodities, and a world flooded with liquidity. Richard Russell: “Many years ago I predicted that in the future, the missing and most wanted item would be[...]
The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015
Does a mystery that is 3,500 years old hold the key to what is going to happen to global financial markets in 2015? Could it be possible that the timing of major financial crashes is not just a matter of coincidence? In previous articles on my website, I have discussed some of the major economic and financial cycle theories and their proponents. For example, in an article entitled “If Economic[...]
When A Soaring Dollar “Reflects Loss Of Investor Confidence And Is Potentially Devastating”
For all those following the relentless rise in the USD and assuming this is a great thing for global markets, here is a must read take from SocGen's Kit Juckes. * * * GOOD DOLLAR, BAD DOLLAR The ECB is buying more bonds than expected, and from longer maturities. ECB President Mario Draghi was almost scornful of concerns about the lack of burden-sharing in the event of losses. Equities rallied, [...]
“Buy The Dip” In Gold; BofA-Merrill Lynch Says EURUSD Bounces Should Be Sold
"Gold is consolidating before its larger bull trend resumes," notes BofAML's MacNeil Curry looking for a move to $1345 and beyond. But it is today's modest bounce in EURUSD that they believe should be sold, and "seen as temporary and corrective of the larger bear trend." Via BofAML, €/$ is correcting. Bounces should be sold. €/$ is correcting higher. However, this bounce should be seen[...]
Stock Traders Flock to Gold – Monumental Market Turn
By Adam Hamilton Gold surged this week on massive buying from stock investors and speculators. This critical group of traders and their vast pools of capital utterly abandoned gold in the past couple years. So to see them start to flock back is a watershed event, heralding a major reversal in gold’s fortunes. And with their gold exposure remaining near extreme lows, they have vast buying left[...]
A Perfect Storm: Brace Yourself for an Epic Economic Meltdown
By James Rickards Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 subprime mortgage meltdown. Circumstances lead me to believe it could play out like the meltdown I experienced in 1998 after Long-Term Capital Management (LTCM) failed. This time, however, there will be several crucial differences that will leave investors and[...]