Today legend Art Cashin warned central bankers are worried about systemic risk as global liquidity dries up. Egon von Greyerz warned systemic risk will become systemic implosion.
This only happened in the gold market two other times, plus look at these famous magazine covers.
Today one of the greats in the business quoted Jesse Livermore’s famous “be right and sit tight,” warning gold may anticipate a historic Fed pivot.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that we may see Dow 3,500 and $35,000 gold.
Billionaire Pierre Lassonde told King World News that the price of gold is headed back to $2,000.
We have a major banking crisis unfolding involving as many as 6 Globally Systemic Important Banks.
It has been a dramatic week for gold and silver as the uncertainty over the crisis in Europe continues.
Stocks and housing prices need to collapse another 40% just to get back to the median.
Expect more massive market turmoil as things are breaking but gold is about to shine again.
Egon von Greyerz warned about the grim choice central planners now face, systemic collapse or currency collapse. Plus a major update on the real estate market.
Here is a look at gold’s fake breakdown and “Super-Intelligent” AI.
Today legend Pierre Lassonde told King World News that we just saw a major bottom in the gold market.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, former Chairman of the World Gold Council and former Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.
Here is a jaw-dropping $370 price target for silver, plus fear is good.
The last time this happened silver surged 400%. Plus 15th emergency Fed meeting this year.
Here is a look at the ultimate gold buy signal as US savings continue to collapse.
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 emergency Bank of England intervention reminded her of when the financial crisis hit the United States.
There is no question that the financial crisis is upon us.
This is starting to look like 2007-2008.
Terrifying “Smart Cities” will soon enslave humans.
Legend Art Cashin lays out the situation now that stocks wiped out yesterday’s gains and the bulls are having trouble regrouping. Plus will China intervene next?
[Market Realist] – Flight-to-quality amid Greek debt renegotiations and the Chinese equity market slump has led investors to safe-haven assets, including the US dollar (UUP) and the Japanese yen.
[Marketwired] – All amounts expressed in US dollars
[Marketwired] – Entree Gold Inc. announces that it has entered into a binding Letter of Intent with Vancouver based Candente Copper Corp. to acquire a 0.5% net smelter returns royalty on Candente’s 100% owned Canariaco …
[Business Wire] – Royal Gold, Inc. announces that its wholly owned subsidiary RGLD Gold AG entered into a $175 million Purchase and Sale Agreement with New Gold, Inc.
[CNW Group] – New Gold further enhances financial flexibility with $175 million Rainy River stream
[PR Newswire] – TORONTO, July 20, 2015 /PRNewswire/ – New Gold Inc. (“New Gold”) (NGD) (NYSE MKT:NGD) today announces that the company has entered into a $175 million streaming agreement with RGLD Gold AG, a wholly-owned subsidiary of Royal Gold Inc. (“Royal Gold”). Under the terms of the agreement, Royal Gold will provide New Gold with a deposit of $175 million, to be used for the ongoing development of the
