KWN
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.