Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, told King World News that the US is in fact a giant Ponzi scheme and gold will be $3,500 next year.
With silver rebounding sharply today, Stephanie Pomboy says manipulators are trying desperately to keep the price of gold below $2,000 for a reason.
The big question on everyone’s mind is, will the US suffer a credit rating downgrade? Below there is also a look at the gold takedown and a few other surprises.
We are now looking at a countdown to midnight and what is at stake is a monetary showdown and gold’s reaction to financial chaos.
Investors need to buckle up as the US housing bubble is bursting as a financial tsunami approaches, plus people don’t work nearly as much as previous generations.
Here is a stunning big picture look at gold as stock markets tumble across the globe.
There has been violent trading in world bond markets for a little more than a year and the reason is the global debt market time bomb is close to exploding.
Look at who is calling a major gold bottom, plus a tale of two economies and relief for new car buyers.
Look at this unusual money flowing into gold, plus a look at the credit crunch and “transitory” deflation?
Egon von Greyerz issues a strong warning about the derivatives nightmare, plus gold bottom may be at hand.