Posts From King World News
With the price of gold surging above $1,550 and silver getting ready to assault $20, could we really see $1,000 silver? Also, history is being made, China’s banking system is leveraged nearly 50-1, plus look at what just hit the highest level in 40 years.
One of the greats is worried that a “poison” for the entire global financial system is spreading.
Here is a look at $2,764 gold, what a summer for silver, a crazy world, plus the chart of the day.
The price of silver surged 5% today and gold rallied near $1,550 as stocks tumbled, but here are the big surprises.
As we kickoff what may be another wild month of trading in September, it appears that we are now reaching the monetary policy endgame.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies just issued an important short term warning and said that the price of silver is set to skyrocket.
Today one of the greats said despite volatility the gold bull is headed to $1,800.
As we get ready to kickoff trading in September, what a wipeout, hedge funds increase gold bets, China can play the game…but they are losing, plus a reality check.
As we come to end of what has been some historic and wild trading in the month of August, this is what is really driving the price of gold higher.
As investors around the world look for signs of what to expect next, bullion banks and commercials remain very close to being all-time record short the gold market!