Some Things Never Change
As we kickoff the trading week with stocks set to open lower, the US dollar rallying and gold still consolidating massive gains, some things never change.
As we kickoff the trading week with stocks set to open lower, the US dollar rallying and gold still consolidating massive gains, some things never change.
This is a very worrisome look at the most terrifying danger facing the United States, plus this could ignite the gold price to $20,000.
Today former U.S. Treasury official Dr. Paul Craig Roberts told King World News when the price of gold hits $2,500-$3,000 an ounce, the Fed will see the writing on the wall.
Dr. Paul Craig Roberts: Former US Treasury Official, Co-Founder of Reaganomics, Economist & Acclaimed Author – He has served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics. He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. Dr. Roberts has testified before congressional committees on 30 occasions on issues of economic policy. He has also written extensively that during the 21st century about the administrations that have destroyed the US Constitution’s protections of Americans’ civil liberties and has been a critic of both Democratic and Republican administrations.
Dr. Paul Craig Roberts: Former US Treasury Official, Co-Founder of Reaganomics, Economist & Acclaimed Author – He has served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics. He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. Dr. Roberts has testified before congressional committees on 30 occasions on issues of economic policy. He has also written extensively that during the 21st century about the administrations that have destroyed the US Constitution’s protections of Americans’ civil liberties and has been a critic of both Democratic and Republican administrations…
(King World News) – The following exclusive King World News video footage (below) obtained by our sources on the ground in Asia shows a massive line of customers in Thailand’s Gold District. Ratri Armchuang, who has been active in the gold stores for 54 years, stated, “I have never seen the line this long in Thailand’s Gold District in my entire life.” The massive line of customers are looking to sell their
The bullion banks have increased their gold short positions to a staggering $35.5 billion.
As the precious metals continue to digest their massive gains, this is the big surprise for gold bulls, plus here is where things stand in the gold market.
Today one of the greats in the business warned investors to get prepared because “it’s about to get worse.”
With the Dow tumbling 800 points and the NASDAQ plunging nearly 5%, gold and silver prices are seeing volatility as we move into the historically strongest trading month of the year, September.