Bankruptcy Filings Are Skyrocketing
Higher interest rates equals bankruptcy filings skyrocketing.
Higher interest rates equals bankruptcy filings skyrocketing.
As we get ready to kickoff another trading week, here is a look at AI, rogue waves and a cure for cancer.
On the heels of the price of December gold futures trading down $30 to $2,016, here is the setup.
Today James Turk spoke with King World News about why it is so important that the price of gold has traded above the $2,000 level for 10 straight days.
Sprott says central banks are maintaining a torrid pace when it comes to gold buying, propelling gold prices to a new all-time high before backing off.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that an emotional 24 hours of trading ushered in a $100 trading range in the gold market.
King World News repeatedly reported in recent weeks that the price of gold was headed to a new all-time high. Well, the price of gold soared in overseas trading, hitting $2,152 at one point. The buying was so intense in the gold market and the upside action so violent that it required the Fed’s massive trading room to intervene before the price would back off. The price of gold, however, continues to trade above the previous all-time high. Look at what is happening, but first, a quick note from Michael Oliver.
On the heels of gold surging to all-time highs hitting $2,138 at one point, it appears that hope everything is okay with the global economy and banking system is beginning to die. But the rise to the upside for the gold market is just beginning.
Today the spot price of gold hit an all-time high as the price of silver continued to surge along with the mining stocks.
After gold ended at the highest monthly closing price in history in November, the price of gold is now only $7 from making a new all-time high.