Today London metals trader Andrew Maguire spoke with King World News about stunning developments in the gold market and what the massive sovereign buyers are doing in the physical market as well as what the commercials and hot money are doing in the paper market. Below is what Maguire had to say as the war in the gold market continues to rage.
With many global stock markets near record highs and the crude oil market struggling, many people are wondering if the rest of 2015 is set up for another big year or if there are reasons to worry?
Today King World News is pleased to share a fantastic piece which reveals absolutely shocking developments in gold, currency markets, and remarkably bad economic releases. This piece also includes 4 stunning illustrations that all KWN readers around the world must see.
Today King World News learned that this country is about to send major shockwaves through the gold market, sending the shorts running for cover.
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.
With the crude oil market pulling back and worries about Europe intensifying, today one of the legends in the business sent King World News a power piece that warns the global economy is continuing to deteriorate as worries about the Greek crisis intensify.
While the world continues to watch the dramatic Greek crisis unfold as well as the increased fighting in Ukraine, today legendary Marc Faber warned King World News that governments are going to seize people’s gold. Faber also described exactly why governments are going to seize the gold from private holders.
Today a 40-year market veteran sent King World News an incredibly important piece that discusses why this war with Putin and the markets is spectacularly dangerous. This piece exclusively for KWN also reveals one of the great dangers the world faces going forward.
As the world grows increasingly concerned about the fighting in Ukraine, especially in the aftermath of a large bomb being detonated last night, today former U.S. Treasury official, Dr. Paul Craig Roberts, warned that the world is now on the cusp of total war.
On the heels of increased geopolitical tensions, particularly in Ukraine, and the Greeks manevering to avoid default, today legendary Marc Faber warned King World News that the “Frankenstein” global financial system is going to collapse.