Today an acclaimed money manager told King World News for the second week that we are very close to seeing one of the most dramatic reversals in any market in history in the gold, silver, and oil markets. Stephen Leeb also said that one of these key markets will be a stunning 70 to 90 percent higher in 12 months. Eric King: “Stephen, last week you said we were close
With oil trading near $77, and stocks at all-time highs, below are three incredibly powerful commentaries discussing everything from a coming stock market crash to a severe financial crisis and a loss of confidence. By Art Cashin Director of Floor Operations at UBS November 11 (King World News) – “On this day in 1918, Pvt Henry Gunther of Baltimore, Maryland thought he saw a suspicious movement in the German trenches
With historic patterns unfolding in global markets, the Godfather of newsletter writers, 90-year old Richard Russell, writes about the big picture for gold, stocks, the U.S. dollar, and an eventual collapse. The 60-year market veteran also included two fantastic charts to go along with his outstanding commentary. Russell: “Below you see the ratio GDX to GLD (gold). The chart shows that the gold miners are now at the lowest level
With the war in gold continuing to rage, today one of the most respected veterans in the gold world sent King World News a fantastic illustration which sums up the war in gold in one incredible chart. Below is James Turk’s extraordinary chart as well as his comments on the war in the gold market. Turk: “Last week I was in Munich, Germany, Eric, speaking at one of Europe’s largest
Today a man who has been involved in the financial markets for 50 years spoke with King World News about the ongoing war in the gold and silver markets. Below is what John Embry, who is business partners with billionaire Eric Sprott, had to say. Embry: “I am focused on the short-term price action in the gold and silver markets, most particularly this morning. I think the most predictable event
As the world continues to move into uncharted territory, today a 40-year market veteran sent King World News a powerful piece warning that the jig is up for the West and a historic and disastrous transition is now upon us. He also discussed gold, silver, oil, and what investors should be doing in this dangerous environment. Below is what Robert Fitzwilson, founder of The Portola Group, had to say in
Below is an extremely important note about Friday’s trading in the gold market from legendary Richard Russell…
Today former US Treasury official, Dr. Paul Craig Roberts, gave a shocking interview to King World News covering criminal activity by the U.S. Federal Reserve. He also discussed the outrageous action in the gold and silver markets, and why the West is so desperate. Below is what Dr. Roberts had to say in this stunning interview. Eric King: “Dr. Roberts, there has been speculation about who is really behind this
On the heels of a weaker than expected jobs report in the U.S. that sent the gold market surging nearly $30, today Michael Pento warned King World News that the world is about to fall into a terrifying deflationary crater. Pento also discussed what he is doing with his firm’s money ahead of the coming chaos. By Michael Pento of Pento Portfolio Strategies November 7 (King World News) – This
Today one of the top people in Hong Kong spoke with King World News about a nightmare scenario for the shorts in the gold market. Hedge fund manager William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed what it would mean for the gold shorts if this terrifying scenario started to unfold. Below is what Kaye had to say in this extraordinary interview.