With continued wild trading action across the globe, today King World News spoke with the man who recently had a fireside chat with billionaire Frank Giustra. On the heels of his recent meeting with Giustra, he discussed a scenario that he believes will be the catalyst for $500 silver and $10,000 gold.
With stocks surging strongly once again today, one of the legends in the business includes a guest commentary that warns of a very dangerous situation that is now developing. The question is, if this dangerous situation spins out of control, what will it mean for the rest of the world?
Today the man the United States called up on to execute QE1 warned King World News to expect even more chaos to erupt in 2015. He also discussed what this will mean for investors in major markets, including gold. Andrew Huszar, who built the Fed’s massive trading room, also spoke about what is currently exacerbating serious problems in Russia and elsewhere around the globe.
Silver prices are going to surprise investors and provide them with better returns than gold bullion. I say this because both the fundamental and the technical pictures for silver continue to improve.
Today an acclaimed money manager told King World News that “2015 and 2016 will be among the most critical years in Western civilization.” He also said that gold is going to regain it prominence in the monetary system and silver is headed into the stratosphere.
Stocks surged while oil and gold gave up early gains after the decision by the Fed to drop the “Considerable time” pledge on interest rates. King World News reached out to one of the top hedge fund managers in Asia to get his take on what has transpired and what to expect in 2015.
With continued wild trading action taking place in major markets around the world, the Godfather of newsletter writers, 90-year old Richard Russell, covers everything from the “economic hope of the world” to gold and the unprecedented action taking place in global markets.
Many people are wondering what is driving the crazy trading action in gold and silver? Below is important information that will give all KWN readers a look at what is inlfuencing the price of gold and silver in the short-run.
On the heels of continued pressure in the metals markets as we head into the end of 2014, it appears gold and silver are now at the most oversold levels in history. Below KWN readers can see the absolute carnage Western central banks have caused in the gold and silver markets.
On the heels of another wild day of trading in global markets, today one of the legends in the business warns that all hell is breaking loose in Russia. Many are wondering if this crisis will morph into a disaster for the entire world…