As the chaotic trading in global markets continues, one of the greats just warned “the amounts of QE will be truly staggering,” plus wild trading in gold, bonds and more.
After another wild day of trading in global markets where bonds soared and stocks plunged, gold is heading onward and upward, plus a break of this key level will cause gold bears to throw in the towel.
Spot gold just closed at a 7 year high as the Dow plunges over 1,000 and gold surges another $30.
With the Dow plunging and gold surging, one of the greats says gold and silver are headed much higher, plus fed will be forced to cut rates again very soon.
Stephanie Pomboy just issued a US dollar warning, plus a look at gold liftoff and China car sales crash.
Here is a fascinating email from a KWN reader regarding the chaotic trading in global markets and gold.
Global markets panicked in response to the Fed’s emergency rate cut, unless you own gold. Plus a look at the road to zero, check this out, intervention most egregious in 40 years and more.
On the heels of an emergency Fed 1/2 point rate cut, gold soars $50 while the Dow plunges 950, but here is the big surprise.
On the heels of a violent countertrend rally in stocks, Stephanie Pomboy says, “You are here,” including a fascinating chart, plus Macau collapse, WTF, and 3/4 point emergency rate cut.
As we kickoff what will surely be another wild week of trading, one of the greats just said, “buy gold and silver on all dips. Plus expect rate cuts and a look at bullion banks and large shorts.
