Today one of the top hedge fund managers in Hong Kong told King World News that the insatiable demand for physical gold and silver has the shorts worried at this point. Hedge fund manager William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed where the physical demand is coming from and what this means for the future. Below is what Kaye had to say in this extraordinary interview.
As we head into the tail end of 2014, today an acclaimed money manager spoke with King World News about the historic trading in the gold, silver, and oil markets. Stephen Leeb also discussed a mystery buyer who propped up the gold market and took on and eventually crushed all paper shorts after Sunday’s vote in Switzerland.
Is The Recent Gold And Silver Breakdown Signal Still Valid? – I wrote a piece in which I showed two potentially bearish longer-term “pennant” patterns in gold and silver that could lead to serious declines provided that gold and silver do not reverse their recent technical breakdowns below $1,200 and $19 respectively. In keeping with the erratic, low-volume trading conditions that are common around the holidays, gold and silver plunged on Sunday night after…
Gold Retreats From Five Week High On Outlook For Stronger Dollar Bloomberg: By Debarati Roy and Nicholas Larkin Gold fell for the third time in four sessions as a whipsaw in oil increased prices swings for bullion. The metal surged yesterday by the most since September after crude futures rebounded from a five-year low. The oil rally fizzled today, and the dollar climbed to the highest since March 2009 against
With tremendous chaos taking place around the globe and incredible volatility in the gold, silver, and oil markets, today one of the greats in the gold world told King World News that the bullion banks are now scrambling to find metal in order to cover their shorts. John Hathaway of Tocqueville Asset Management also said that many bullion banks’ balance sheets may be in great peril if gold and silver prices begin a massive surge.
On the heels of continued volatility in the gold market, the Godfather of newsletter writers, 90-year old Richard Russell, put out a quick note on the fierce trading action in both gold and oil. The 60-year market veteran also included his thoughts on how this will impact the Fed’s key decision-making policy.
After a remarkable day of trading in the gold and silver markets, today the man who made one of the greatest market calls in history told King World News that the wild trading action in gold and silver has stunned market participants, and a historic buy signal has just taken place. Below is the incredible interview from Ben Davies.
On the heels of one of the wildest days of metals trading in history, today one of the most respected veterans in the gold world stunned King World News when he spoke about the real reason he believes the Dutch gold their gold back from the Federal Reserve. He also covered the incredible action in gold and silver.
Today a man who has been involved in the financial markets for 50 years spoke with King World News about the shocking and historic price swings in the gold and silver markets. John Embry, who is business partners with billionaire Eric Sprott, also discussed the fact that enormous pressure is building against the Western central planners to release the gold and silver markets to the upside.
On the heels of the defeat of the Swiss Gold Initiative, today a 40-year market veteran sent King World News a powerful piece discussing the unprecedented events we are witnessing in the gold, silver, and oil markets as well as 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.