On the heels of the Dow soaring to the 21,000 level, today a legendary short seller warned “We are in Fantasyland” as stocks soar and gold, silver and the miners are smashed.
With stocks soaring, here is what is really exacerbating causing today’s gold and silver plunge.
About the action today in the gold market, China, and Europe…
With global stock markets surging on the heels of the French election, today John Embry told King World News that the gold and silver takedown is running into major resistance as the precious metals markets ready for a major move.
As we get ready to kickoff what promises to be a wild week of trading, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News it’s all “illusions and lies” and warned the supernova debt bubble is about to trigger the death knell of the global financial system.
On the heels of wild few weeks that included a missile attack against Syria and major posturing against North Korea, here is why moves in the gold and oil markets are going to shock the world.
As the Dow managed to close out the week near the 20,550 level, today the top trends forecaster in the world spoke with King World News about the incredible desperation he saw on his travels in the United States.
As we approach the end of the third week of trading in April, in what has been a choppy environment in the gold and silver markets, a legend in the business that is connected in China at the highest levels just predicted a massive short squeeze in the gold market.
On the heels of a rally in stocks, Doug Kass just issued this dire warning.
With everyone wondering what the next move will be by global central banks, “QT” is what is going to move world markets in the future and you heard it here first.