Sprott Says Central Banks Are Buying Gold At A Torrid Pace
Sprott says central banks are maintaining a torrid pace when it comes to gold buying, propelling gold prices to a new all-time high before backing off.
Sprott says central banks are maintaining a torrid pace when it comes to gold buying, propelling gold prices to a new all-time high before backing off.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that an emotional 24 hours of trading ushered in a $100 trading range in the gold market.
King World News repeatedly reported in recent weeks that the price of gold was headed to a new all-time high. Well, the price of gold soared in overseas trading, hitting $2,152 at one point. The buying was so intense in the gold market and the upside action so violent that it required the Fed’s massive trading room to intervene before the price would back off. The price of gold, however, continues to trade above the previous all-time high. Look at what is happening, but first, a quick note from Michael Oliver.
On the heels of gold surging to all-time highs hitting $2,138 at one point, it appears that hope everything is okay with the global economy and banking system is beginning to die. But the rise to the upside for the gold market is just beginning.
Today the spot price of gold hit an all-time high as the price of silver continued to surge along with the mining stocks.
After gold ended at the highest monthly closing price in history in November, the price of gold is now only $7 from making a new all-time high.
Russia is going to preside over the BRICS starting in January and will push for a gold-backed currency that will be a global game-changer.
Two important collapses are taking place as the price of silver continues to surge and gold threatens its all-time high.
King World News readers around the world need to purchase physical silver before the public starts stampeding into the market to buy sending the price hundreds of dollars higher.
Today the top trends forecaster in the world predicted that as investors across the globe continue to dump dollars, the price of gold will soar.
Today 53 year market veteran James Turk told King World News these are the key levels to watch for gold and silver as they blastoff and begin their journey to all-time highs.
On the heels of the recent historic despair that engulfed the gold, silver, and mining share markets, look at what is unfolding.
Today 50 year market veteran James Turk told King World News that the recent surge in gold and silver has them ready to blastoff to the upside. This upside blast will include the mining shares.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the death of the global financial system is at hand.
The bullion banks are becoming increasingly concerned about their short positions as the price of gold closed very close to a major upside breakout above $2,000 and the price of silver continues to surge toward the $25 level.
With the price of gold closing the week above $2,000 and silver surging to $24.40, next week may be a huge surprise for gold and silver investors!
Top Citi analyst from Citi says gold is on the cusp of a major breakout that will send the price to an all-time high.
Despite the extreme bearish sentiment and historic capitulation in the mining space, it is finally time for gold, silver, and mining stocks to be unleashed to new all-time highs.
The world is in danger of a super spike in the price of oil that would create even more inflation. This would of course be extremely bullish for the gold and silver markets.
Look at who is remaining bullish on gold, silver and commodities as 80% of US households are now in worse shape than they were pre-COVID.
Today Alasdair Macleod told King World News that gold and silver investors are in for one hell of a ride.
[Accesswire] – BOISE, ID and ELKO, NV / ACCESSWIRE / November 6, 2015 / Thunder Mountain Gold, Inc. (TSX-V: THM ; OTCQB: THMG ) (the Company), is pleased to announce that it has signed an Amendment that modifies and …
[Marketwired] – With Proven and Probable reserves of 38 million ounces of gold and 10 billion pounds of copper, the potential of Seabridge Gold Inc.’s KSM project in British Columbia has long been perceived as a leverage …
[PR Newswire] – VANCOUVER, Nov. 5, 2015 /PRNewswire/ – Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) (“Silver Standard”) reports consolidated financial results for the third quarter ended September …
[CNW Group] – Silver Standard reports third quarter 2015 results
Click to view a price quote on SLV. Click to research the Financial Services industry.
Click to view a price quote on SLV. Click to research the Financial Services industry.
[CNW Group] – Great Panther Silver Reports Third Quarter 2015 Financial Results
[PR Newswire] – TSX: GPR NYSE MKT: GPL VANCOUVER , Nov. 4, 2015 /PRNewswire/ – GREAT PANTHER SILVER LIMITED (TSX: GPR) (NYSE MKT: GPL) (“Great Panther”; the “Company”) today reported financial results …
Click to view a price quote on GLD. Click to research the Financial Services industry.
[Business Wire] – Hecla Mining Company today announced third quarter net loss applicable to common shareholders of $10.0 million, or $0.03 per share, and a loss after adjustments applicabl
(Reuters) – The New York attorney general has launched an investigation into whether Exxon Mobil Corp misled the public about the risk of climate change and its impact on the company’s oil business. Attorney General Eric Schneiderman subpoenaed the company on Wednesday evening, demanding extensive financial records, emails and other documents, a source familiar with the investigation said on Thursday. Exxon on Thursday confirmed it had received the subpoena, and
An official familiar with the investigations says New York’s attorney general is examining statements by Exxon Mobil and Peabody Energy to determine whether they deceived investors about causes and impacts …
The Environmental Protection Agency’s inspector general is expanding its investigation into a toxic spill from an inactive Colorado mine to include questions about whether the agency was following its …
The Environmental Protection Agency’s inspector general is expanding its investigation into a toxic spill from an inactive Colorado mine to include questions about whether the agency was following its …
An official familiar with the investigations says New York’s attorney general is examining statements by Exxon Mobil and Peabody Energy to determine whether they deceived investors about causes and impacts …
Austria’s largest state said Thursday that 100 percent of its electricity is now generated using renewable sources of energy. “We have invested heavily to boost energy efficiency and to expand renewables,” said Erwin Proell, premier of 1.65-million-strong Lower Austria. The state in northeastern Austria now gets 63 percent of its electricity from hydroelectric power, 26 percent from wind energy, nine percent from biomass and two percent from solar.
(Reuters) – Enbridge Inc , Canada’s largest pipeline company, said it had bought a 24.9 percent stake in an offshore wind energy project in the United Kingdom for C$750 million ($570 million). The Rampion project located off the UK Sussex coast is being constructed by a unit of utility company E.ON SE , which owns a 50.1 percent stake in the 400 megawatt (MW) project. UK Green Investment Bank Plc
KIEV (Reuters) – A Ukrainian government committee has granted permission for China’s state-run corporation CNBM to buy 10 Ukrainian solar units through shares in the plants, it said in a statement on Thursday. The plants, in the southern Ukrainian Odessa and Mykolayiv regions, were built by Activ Solar firm. The share of electricity produced from renewable energy sources in Ukraine accounts for about 1.3 percent of the total, according to
WASHINGTON (AP) — Despite White House objections, the Senate voted for a resolution Wednesday to scrap new federal rules to protect smaller streams, tributaries and wetlands from development and pollution.
WASHINGTON (AP) — Despite White House objections, the Senate voted for a resolution Wednesday to scrap new federal rules to protect smaller streams, tributaries and wetlands from development and pollution.