In the aftermath of last week’s historic Swiss move, today the Godfather of newsletter writers, 90-year old Richard Russell, proclaimed that the gold bull has just spit in the Fed’s face by breaking out of its massive base, even as the worldwide depression continues to grind on.
Today a 40-year market veteran sent King World News an incredibly important piece that warns all the central bank tricks are coming to a disastrous end. This piece exclusively for KWN also cautions readers around the globe that the world faces a very dark future indeed.
Today a former White House Official stunned King World News when they exposed the shocking real reason for the historic move by the Swiss central bank. They also discussed why the 58-sigma Swiss move was tantamount to a nuclear explosion and what is left in the aftermath of the destruction.
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 created record attendance at a time when the bank runs in Europe are accelarating and the global financial system is beginning to implode.
Today one of the great minds in the business spoke with King World News about the earth-shaking Swiss move and why it has created such enormous fallout. He also believes that London Gold Pool II is now faltering in the aftermath of the stunning chess move by the Swiss.
After a week of historic drama that was kicked off when the Swiss central bank surprised market participants by dropping their currency peg to the euro, today a former White House official warned King World News that things are about to get even worse as another derivatives nightmare is about to shock the world.
On the heels of today’s surprise German Bundesbank announcement that Germany allegedly repatriated 120 tonnes of gold back from the U.S. and Paris, today a 50-year veteran spoke with King World News about the shocking reason why the Netherlands, Germany, and Belgium are bringing their gold back home. He also discussed the mini-crash in China and the extraordinary move by the Swiss central bank last week.
With the announcement today by the Bundesbank that the German’s have allegedly repatriated 120 tonnes of their gold held abroad in the United States and Paris, serious questions have immediately begun to emerge about the shady way this co-called repatriatration has taken place. This piece takes a trip down the rabbit hole of today’s shady Bundesbank announcement.
Today a former White House official and Plunge Protection Team member warned King World News that Europe is now in danger of mega-bank runs that will destabilize the entire global financial system. Former presidential adviser and member of the U.S. President’s Working Group on Financial Markets, Dr. Philippa Malmgren, also discussed why the bank runs may spread across the Atlantic to the United States, eventually engulfing the entire world in chaos.
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.