Today Bill Fleckenstein warned King World News that we are now seeing shortages of physical gold, and the paper market continues to push gold lease rates to historic extremes. Fleckenstein, who is President of Fleckenstein Capital, also said the stock market is nearing a crash or major dislocation, and he laid out what to expect in the weeks and months ahead. This interview is Bill Fleckenstein at his best.
As many people are celebrating the Thanksgiving holiday, the world continues to move into uncharted territory, so today a 40-year market veteran sent King World News a powerful piece discussing a historic turn in the gold and silver markets, and what investors should be doing in this dangerous environment. Below is what Robert Fitzwilson, founder of The Portola Group, had to say in this exclusive piece for King World News.
With historic events taking place around the globe, today the Godfather of newsletter writers, 90-year old Richard Russell, asks what the hell is going on with the U.S. gold hoard? The 60-year market veteran also asks the all-important question, “Why is our government hiding the real story on U.S. gold?”
Today King World News interviewed a man who has been uncovering critical information for 25 years who spoke about the dramatic and sudden move in France to repatriate their gold, and what is going to cause all hell to break loose and the price of gold to skyrocket. Below Steve Quayle takes KWN readers around the world on another trip down the rabbit hole of Western lies, propaganda, and missing gold.
As we head into the tail end of 2014, today an acclaimed money manager spoke with King World News about 2015 being the year of the Great Inflation. Stephen Leeb also spoke about gold, silver, and what investors should be doing ahead of the coming chaos as he believes that the price of oil will double over the next 12 months.
With tremendous chaos taking place around the globe and the French now looking to repatriate their gold, today one of the greats in the gold world sent King World News an incredibly powerful piece about monetary chaos and what will rise out of the ashes after a massive devaluation of the U.S. dollar unfolds. Below is the outstanding piece by John Hathaway of Tocqueville Asset Management.
On the heels of news that the French central bank has now come under enormous pressure to repatriate the French gold held abroad, the man who predicted just days ago that other countries would follow the Dutch repatriation, said to King World News , “He was shocked at how quickly this situation has unfolded.” Below are his comments about the stunning ramifications of what has transpired and a bonus interview from Egon von Greyerz…
Today a man who has been involved in the financial markets for 50 years warned King World News that the world is headed for massive chaos as the next global crisis is now set to unfold. John Embry, who is business partners with billionaire Eric Sprott, also issued an ominous warning to investors, “Enjoy Thanksgiving in the United States because after that things may get really unpleasant.”
With historic events taking place around the globe, the Godfather of newsletter writers, 90-year old Richard Russell, put out one of his most dire warnings of the year, covering everything from missing U.S. gold, to the complete collapse and destruction of all global fiat currencies and the world monetary system. The 60-year market veteran also warned that if the U.S. gold is in fact gone, it will be the “monetary story of the century.”
With the war in gold continuing to rage, today one of the most respected veterans in the gold world told King World News that the Western central bank cartel which has been capping the gold price for more than a decade is nearing the point of collapse as panicked phone calls are now being made to acquire sizable amount of gold.