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[...]
Tag: dollar collapse
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[...]
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[...]
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[...]
Paul Craig Roberts – This New Crisis Is Worse Than Russia Unleashing Black Swans Against The West
Today Dr. Paul Craig Roberts warned King World News that this latest and developing crisis is even worse than Russia unleashing black swans against the West. Dr. Roberts also discussed how a series of falling dominos will result in the breakup of Europe, the collapse of NATO, and the end of the euro. Eric King: “What do you expect to see going forward? Because it now appears that we are[...]
Has A Loss Of Confidence After Yesterday’s Swiss Fiasco Started A Run On Gold?
With the price of gold and silver soaring, particularly in euro terms, many are beginning to wonder if a loss of confidence after yesterday's Swiss fiasco has started a run on gold? Whatever the case may be, the following piece takes a trip down the rabbit hole of government and central bank lies, manipulation, loss of confidence, and eventual panic. By John Hathaway January 16 (King World[...]
Inside the December Retail Report: “Disappointing” Isn’t the Half of It
by David Stockman Today’s 0.9% decline in December retail sales apparently came as a shock to bubblevision’s talking heads. After all, we have had this giant “oil tax cut”, and, besides, the US economy has “decoupled” from the stormy waters abroad and is finally on its way to “escape velocity”. The Wall Street touts and Keynesian economic doctors have been saying that for months [...]
Swiss Abandon Peg to Euro – The Euro is Dead – Long Live the Swissy – Armstrong
January 15, 2015 The Swiss franc has risen by almost 30pc against the euro after the central bank shocked global markets by abandoning its long-standing peg to the euro imposed in 2011. The Swiss had no choice. They have been buying Euro at alarming amounts as smart money bet the Swiss would be far better at the end of the day than a Euro. As long as the Swiss was pegged to the Euro, the Swiss[...]
Russell – Buy Gold And Silver While It’s Still Available As China To Back Yuan With Gold
January 15, 2015 With enormous volatility in global markets and crude oil rallying almost $3, today the Godfather of newsletter writers, 90-year old Richard Russell, covers everything from China moving to back the yuan with gold to a huge surprise for global stock markets. Russell also urges readers to buy physical gold and silver while they are still available. Richard Russell: “In almost[...]
Market Expert Marc Faber: Gold Will Rally 30% in 2015 – Savvy Players Set for Huge Gains in Precious Metals
LONDON (MarketWatch) — Gold has absorbed its fair share of the commodities-market blows in recent years, but now is the time to move back into the precious metal, according to superbear Marc Faber. ‘[T]he only way to short [central banks] is to go long gold, silver and platinum. ... That’s something I will do.’ - Marc Faber “I’m positive [that] gold will go up substantially [in[...]