On the heels of a 280 point plunge in the Dow, along with Europe and China’s stock markets also seeing aggressive selling, today legendary Art Cashin warned King World News that today’s rout in stocks may only be the beginning of a much bigger selloff.
Today a legend who was recently asked by the Chinese government to give a speech to government officials in China told King World News that demand for gold from China is “insatiable” and the price of gold will hit $2,000 this year.
Today the man who remarkably predicted the collapse of the euro against the Swiss franc warned King World News about what is ahead for the global financial system and the price of gold as the world heads into another unprecedented period of chaos.
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, warned that we will see skyrocketing prices for gold and silver as the global crisis accelerates. He also discusses what this will mean for major markets.
Today the man who first predicted Greek bank deposits would be stolen just issued a warning about the crisis in Greece that is threatening the global financial system. He also warns that time is has just about run out to solve the crisis.
With the Dow above 18,000, gold trading near $1,200 and crude oil at $57, today King World News is featuring a piece from one of the greats in the business discussing the big surprises in chaotic global markets. By Jeffrey Saut, Chief Investment Strategist at Raymond James April 16 (King World News) – My parents took me to see West Side Story back in the early 1960s. It was only the second
With gold, silver and crude oil on the move, today King World News wanted to take a step back and look at 7 of the most jaw-dropping charts of 2015. The following charts are from the Wall Street Journal. The first chart below from WSJ shows that Chinese industrial output is at its lowest since the end of 2008. The second chart below from WSJ shows that China's retail sales growth has now collapsed below
With the Dow above 18,100 and crude oil surging 4.35 percent, today one of the greats in the business released a powerful piece warning a major market just experienced the equivalent of a black swan event.
With the Dow near 18,100 and crude oil trading above to $56, today a legend in the business sent King World News a powerful piece warning that the U.S. economy is now accelerating on the downside. A guest commentary is included from the brilliant economist Richard Yamarone.
With continued volatility in global markets, today one of the greats in the business sent King World News a powerful piece showing that warnings are exposing cracks in the system. He also discussed what is happening in the metals and currency markets.