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[...]
Tag: financial collapse
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[...]
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[...]
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[...]
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[...]
Very Strong Reasons For Buying Precious Metals…NOW
By Michael Noonan Got gold? Got silver? If not, you may not survive very well under the current and future regime[s] established in this country. Does price matter? Sure, everyone wants to buy reasonably near the lows, and there are many of us who paid substantially higher prices than currently exist. However, if there is no intent to sell but only hold as a form of wealth protection and/or a[...]
The Dollar, On a ‘Hurricane Path of Destruction,’ is Set to Fall – MarketWatch
By Michael Brush The U.S. dollar, at its highest level in nine years, is about to fall off its perch. The decline will catch most investors by surprise and create sudden reversals in oil, coal and emerging market stocks. You can profit from this if you act now and buy those sectors — and bet against dollar. Continue reading at MarketWatch[...]
Beware the Money Illusion Coming to Destroy Your Wealth
By James Ricakrds A money illusion sounds like something a prestidigitator performs by pulling $100 bills from a hat shown to be empty moments before. In fact, money illusion is a longstanding concept in economics that has enormous significance for you if you’re a saver, investor or entrepreneur. Money illusion is a trick, but it is not one performed on stage. It is a ruse performed by[...]
11 Predictions Of Economic Disaster In 2015 From Top Experts All Over The Globe
By Michael Snyder Will 2015 be a year of financial crashes, economic chaos and the start of the next great worldwide depression? Over the past couple of years, we have all watched as global financial bubbles have gotten larger and larger. Despite predictions that they could burst at any time, they have just continued to expand. But just like we witnessed in 2001 and 2008, all financial bubbles[...]