The price of gold is set to soar vs global stock markets as oil trades lower after catastrophic attack.


Oil Trades Lower Even After Catastrophic Attack
July 28 (King World News) – The Hormuz Letter:  BREAKING: A massive column of smoke is rising from Saudi Aramco’s Abqaiq oil processing facility, the world’s largest and the eastern hub of Saudi Arabia’s East-West Pipeline, with multiple impacts in the past few hours.

With both ends of the East-West Pipeline now damaged and burning (Abqaiq in the east and Yanbu port infrastructure in the west), Saudi Arabia’s Hormuz-bypass export strategy has now been cut.

A Sovereign Debt Crisis Is Coming
Peter Schiff:  Oil is down close to 7% as war rhetoric over Iran is once again toned down. Yet bond yields have barely come down. This indicates underlying weakness in the bond market and suggests that the next oil rally will send yields soaring to new highs. A sovereign debt crisis is coming…

Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.

Gold
This is from the brilliant Ronnie Stoeferle, who gave credit to Tavi Costa for his excellent chart, and who also on occasion writes for VON GREYERZ:  Gold Market Cap as a % of Global Stock Market Cap:

KING WORLD NEWS NOTE: Gold Set To Soar vs Global Stock Market

Gold & Silver Prices Headed Multiples Higher
To listen to Jonathan Haycock discuss why gold and silver prices are going to rocket multiples higher CLICK HERE OR ON THE IMAGE BELOW.

JUST RELEASED!
To listen to Alasdair Macleod discuss why the gold price may double in a matter of months CLICK HERE OR ON THE IMAGE BELOW.

ALSO RELEASED!
Silver Will Trade 15x Higher If It Blows Past Its 1980 Peak vs M2 CLICK HERE.
Gold Must Go Higher CLICK HERE.
Silver’s All-Time High Of $118 Will Not Stand For Long CLICK HERE.
Gold & Silver Will Absolutely Rocket And Go Multiples Higher CLICK HERE.
We May See The Price Of Gold Double In Just A Few Months CLICK HERE.
Glorious Commodities Bull Market Will Turbocharge Gold & Silver CLICK HERE.
Look At Silver’s Shocking Bullish Big Picture CLICK HERE.
How Much Longer? Big Stock Sales Threaten Bull Market CLICK HERE.
GOLD CORRECTION OVER? Gold Appears To Have Formed A Major Bottom After Pulling Back From $5,600 CLICK HERE.
We Are About To See A Big Move In Gold CLICK HERE.
Michael Oliver – A Gold Close Above This Price Will Trigger Upside For The Entire Monetary Metals Complex CLICK HERE.
What A Top Chinese Official In 2014 Predicted Would Happen To Gold Is Now Unfolding CLICK HERE.
One Of The Largest Silver Miners On The Planet Says They Can No Longer Satisfy Demand From India, China, Saudi Arabia, Kuwait, etc. CLICK HERE.
This Signal Shows Gold And Gold Stocks Coiled To Rocket Higher CLICK HERE.
This Is Why China Is Buying So Much Gold CLICK HERE.
Refusal To Confirm Gold’s Weakness May Force Violent Rebound In The Price Of Gold CLICK HERE.
This Is Going To Create Another Massive Wave Of Inflation CLICK HERE.
Upside Fuel For Gold: IMF Says Global Inflation Is Set To Accelerate CLICK HERE.

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