With the Dow tumbling 400, bonds rallying and the price of gold surging, one indicator is now forecasting $1,900 gold. Also, take a look at what is happening to the price of gold in Australia.
On the heels of the release of the useless Fed Minutes, it now appears that the mountains of misallocated capital and all of its consequences will intensify as the bear market strengthens.
As we move through the final two weeks of trading in May, Michael Oliver, who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, just predicted silver’s massive weekly momentum structure targets big upturn.
May 21 (King World News) – On the heels of bitcoin’s violent rally from $4,000 to $8,000, one bitcoin billionaire, Barry Silbert, just launched an ad campaign urging investors to sell gold in favor of bitcoin. The ad campaign is titled “Drop Gold.” One legend in the gold world, Pierre Lassonde, commented on the absurdity of the ad campaign against gold.
On the heels of some wild trading recently in global markets, Tom McClellan, Art Cashin, Peter Boockvar all weigh in, plus a shocking chart.
As the trade war between the US and China heats up, don’t believe that China will dump all of its US dollars.
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 warned King World News that frightening changes are coming for the world and the global financial system.
As we near the end of a wild trading week, Fred Hickey comments on the takedown in the gold market and Fed comments.
As we near the end of a wild trading week, this is one of the most unbelievable things you will have ever seen.
On the heels of recent volatility in global markets, this is why the stock market is gyrating, again.