World View: American-led air attacks are failing. Jihadis are close to taking Kobani, in Syria – and in Iraq western Baghdad is now under serious threat America's plans to fight Islamic State are in ruins as the militant group's fighters come close to capturing Kobani and have inflicted a heavy defeat on the Iraqi army west of Baghdad. The US-led air attacks launched against[...]
Tag: Gold
Wall Street’s Dohmen: The ‘Specter’ of Global Recession Is Very Real
By Melissa Clyne The world economy is headed into a recession but “naïve money managers” and others seem to be oblivious about what’s happening, financial expert Bert Dohmen said Friday on Newsmax TV's “America’s Forum.” He also discussed the turmoil in the markets after the Dow’s Thursday drop of more than 300 points as well as the effect of the Ebola crisis on the global[...]
The Calm Before The Storm In The Gold Market – Insiders Accumulating Bullion in Preparation
Again this week the gold price tested the $1,200 level dropping below it on higher US dollar against most fiat currencies. It is assumed that a stronger US dollar against the euro and other fiat currencies is also negative for the price of gold. However gold is not a hedge against the US dollar but rather against all fiat currencies. Even though gold’s price has been falling, in India and China [...]
The Super Rich Are Preparing For A Crash…Are YOU?
By Graham Summers We are getting clear signals from the “smart money” that something bad is looming on the horizon.The most obvious signal comes from the ultra-wealthy (those worth $20 million or more) who are rapidly moving out of paper assets and into real assets. For this reason, I want to draw your attention to the fact that the super-wealthy are currently moving their money out of[...]
Russia’s Gazprom Buys Europe’s Biggest Gas Storage Facility – Western Alliance Breaking Apart? Petro Dollar in Peril?
Russia will acquire Europe's largest underground gas storage facility this autumn from Germany’s BASF, continuing the development of its Nord Stream operations. In return, the Germans will get access to large gas reserves in Western Siberia. Gazprom and the Wintersall subsidiary of German chemical company BASF are putting the final touches to the asset swap, which will see Gazprom getting the[...]
Serious Financial Trouble Is Erupting In Germany And Japan – Stage Being Set for Next Global Crisis
By Michael Snyder There are some who believe that the next great financial crash will not begin in the United States. Instead, they are convinced that a financial crisis that begins in Europe or in Japan (or both) will end up spreading across the globe and take down the U.S. too. Time will tell if they are ultimately correct, but even now there are signs that financial trouble is already[...]
No Rate Hike & More QE? – Fed Officials Saw Global Slowdown Among Risks to Economic Outlook
Federal Reserve policy makers at their last meeting said a global slowdown and a stronger dollar posed potential risks to the outlook for the U.S. economy. A number of participants said growth “might be slower than they expected if foreign economic growth came in weaker than anticipated,” according to minutes of the Sept. 16-17 Federal Open Market Committee meeting released Wednesday in[...]
Here Is The Most Frightening Prediction To End 2014 and Enter The Future
Today King World News interviewed a 60-year market veteran who made some absolutely frightening predictions as we head into the end of 2014. He discussed what to expect in the major markets, including stocks and gold, and he warned that despite the propaganda and recent stock market action, the West is literally “destroying” itself. Below is six-decade market veteran Ron Rosen’s remarkable[...]
‘Mediocre and a Bit Worse’: IMF Trims Global Growth Forecast
IMF Trims Forecast for Global Economic Growth to 3.3 Percent The International Monetary Fund slightly lowered its outlook for global economic growth this year and next, mostly because of weaker expansions in Japan, Latin America and Europe. The IMF said Tuesday the global economy will grow 3.3 percent this year, one-tenth of a point below what it forecast in July. World growth should then pick[...]
The Dental Indicator Says Market Crash Coming – Logical Look at Real State of Economy
By Eric Chemi If you’re looking to predict where the economy is heading, look under your nose—right at your teeth. When times get tight, dental care slips. Tracking the performance of the nation’s dental industry, then, may suggest broader themes in the overall economy. Sikka Software provides business health-care applications to small and midsize practices, including dentists’ offices. [...]