With interest rates soaring, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned King World News that a devastating collapse looms as India sees the price of gold selling at a jaw-dropping $1,600 – $3,000.
Despite propaganda to the contrary, China’s rise will be the big story in 2017.
The biggest worry about 2017 will surprise KWN readers around the world.
With many investors around the world still worried about the action in gold, silver, and the mining stocks, one firm just told clients to over-weight mining stocks in their portfolios and laid out the reasons for a boom in commodities in 2017.
With continued weakness and gold extremely oversold, UBS just issued a report stating gold is down, but not out. There are some charts included and a brief note about the silver market as well.
Look at this market seeing massive waterfall decline as other hit new highs as chaotic global trading continues.
On the heels of a continued takedown in the gold and silver markets and chaos in bond markets, today King World News is pleased to present an important update on the war in the gold market from Michael Oliver at MSA. Oliver allowed KWN exclusively to share this key report with our global audience after today’s takedown in the gold market.
With the the price of crude oil tumbling nearly 4 percent and the euro gaining against the dollar, one pro discusses what he is doing with his own money after the gold & silver smash.
As the gold and silver markets attempt to stage a rally, today John Embry told King World News that some long time gold holders are now capitulating.
With continued uncertainty in the gold and silver markets, one of the greats in the business takes a look at what to expect for the gold market as we get ready to head into 2017, with Donald Trump as President of the United States.