The Dollar Is Headed For Collapse – Nearly 600 Other Failed Paper Currencies – For centuries, the British Pound was the world’s reserve currency, because it was consider to be the strongest of all currencies. That is no longer the case; shortly after World War II economically devastated the British Empire, the pound retreated as the world’s reserve currency and the U.S. dollar took its place.
Today the man the United States called up on to execute QE1 warned King World News to expect even more chaos to erupt in 2015. He also discussed what this will mean for investors in major markets, including gold. Andrew Huszar, who built the Fed’s massive trading room, also spoke about what is currently exacerbating serious problems in Russia and elsewhere around the globe.
Silver prices are going to surprise investors and provide them with better returns than gold bullion. I say this because both the fundamental and the technical pictures for silver continue to improve.
President Obama announced today sweeping changes to our policy with Cuba that will loosen travel and trade restrictions there. In ending our embargo—a Cold War Policy that has been in effect sinc …
Today an acclaimed money manager told King World News that “2015 and 2016 will be among the most critical years in Western civilization.” He also said that gold is going to regain it prominence in the monetary system and silver is headed into the stratosphere.
Stocks surged while oil and gold gave up early gains after the decision by the Fed to drop the “Considerable time” pledge on interest rates. King World News reached out to one of the top hedge fund managers in Asia to get his take on what has transpired and what to expect in 2015.
With stocks and oil rallying, today King World News is pleased to feature a key chart that helps to explain why the volatility in the stock market has increased so dramatically. This piece also covers Russia’s troubles as well as what is happening in the crude oil markets.
With continued wild trading action taking place in major markets around the world, the Godfather of newsletter writers, 90-year old Richard Russell, covers everything from the “economic hope of the world” to gold and the unprecedented action taking place in global markets.
I recently returned from a Viking River Cruise along the Danube that stopped at five of the most famous Christmas markets in Europe. From the first Sunday in Advent through Christmas Eve, European markets sell locally made crafts, delicious Christmas sweets, ornaments, candles, ceramics, as well as food—lots of it. The markets usually open in the late morning and continue until 8 or 9 at night, but they truly come alive
Treasury Department Seeking Survival Kits For Employees Of Every Major Bank – The survival kit includes everything from water purification tablets – emergency masks – solar blankets to be delivered to every major bank in the U.S. – The Department of Treasury is seeking to order survival kits for all of its employees who oversee the federal banking system, according to a new solicitation. The emergency supplies would be for every employee at the Office of the Comptroller of the Currency (OCC)…
