February 6, 2015 Marcia Christoff-Kurapovna The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow's international standing, and possibly for the long-term. Yet, it is precisely such conditions that may push the country’s leadership into taking the radical step that will[...]
Tag: gold manipulation
Richard Russell Warns Global Crisis To Get Worse – Sell All Stocks And Buy Gold & Silver
As the world continues to digest breaking news out of Greece, today the Godfather of newsletter writers, 90-year old Richard Russell, warned that the global crisis will get even worse, so investors need to dump all common stocks and buy gold and silver. Russell also discussed why even tougher times are still ahead for the world. Richard Russell: “I had expected an upside blow-off to occur,[...]
Fed President Drops a Bombshell Yesterday: Fed Removed QE3 Too Soon
by Pam Martens and Russ Martens Wall Street on Parade The monetary policy arm of the U.S. central bank, the Federal Open Market Committee (FOMC), is getting hammered this week. On Monday, two researchers at the Federal Reserve Bank of San Francisco chastised the FOMC for effectively wearing rose-colored glasses since 2007 and getting the rate of economic growth mostly dead wrong. (More on that[...]
The World Is Now Facing The Most Frightening And Dangerous Crisis In Modern History
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, [...]
Russia Increases Gold Purchases by 123%
from Russia Today The Central Bank of Russia bought a record amount of gold in the first 11 months of 2014 spending an estimated $6.1 billion. Increasing gold reserves attempts to reduce dependence on the dollar amid geopolitical tension, Mark O’Byrne of GoldCore, told RT. Russia’s gold purchases accounted for a third of the world’s total of 461 tons, according to research by Thomson[...]
“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[...]
Almost 1,000 Tonnes of Silver Withdrawn From SLV Since December 1, 2014
by Ed Steer Yesterday In Gold & Silver The gold price rallied in early Far East trading on their Wednesday morning before getting capped in heavy volume around 2:30 p.m. Hong Kong time. It got sold down about six bucks from there, but once the noon London silver fix was in, the price rallied anew as the dollar index began to roll over in earnest. Then someone hit the “sell precious[...]
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[...]
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[...]