Gold Looking Ready To Shine Again
After some wild volatility, the gold market looks ready to shine again.
After some wild volatility, the gold market looks ready to shine again.
On the heels of the Fed launching a massive initiative to backstop the financial system, we are now in QE infinity. The price of gold soared more than $60 and the stock market is rallying off its lows in reaction to the Fed’s announcement. Also, a note from legend Pierre Lassonde.
As the global collapse continues, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals alerted King World News about something that will shock the gold world, the Swiss gold refiners, which produce 70% of the world’s gold, have just been ordered to halt production!
On the heels of the stock market crashing more than 35% from its highs, legend Pierre Lassonde just made a remarkable prediction regarding gold and the crash in the Dow.
On the heels of the Dow tumbling more than 900 points to close out the week, Dr. Stephen Leeb just warned investors to get ready because massive amounts of helicopter money are about to be dropped and it will impact every market, including gold.
This warning was just sent to King World News by the Chairman of one of the largest financial companies in the United States:
One of the greats just warned huge supply price shocks are coming. Also, here is why you should expect wild swings today in markets, plus a look at gold.
Alasdair Macleod discusses the current panic and the end of fiat currencies.
In the midst of the global market panic, here is a look at the just announced emergency actions plus a look at gold and silver.
History is being made during this crisis as the Gold/Oil Ratio just shattered the all-time record…again!
On the heels of reading the KWN article stating interest rates have now gone negative in the US, Pierre Lassonde made a prediction about where the gold price is headed.
On the heels of the Dow tumbling 2,000 points and the price of crude oil plunging $5 to $21 a barrel, it has finally happened — we now have negative Treasury rates in the United States!
Today one of the greats in the business said the long term case for gold has strengthened in light of the current chaos and that the recent headwinds will not persist.
This is how bad things became yesterday as an all-time level of panic was reached, eclipsing 1987, 2008 and 1962.
Albert Edwards warned investors to brace for a retest of the 2009 lows as the crash in the stock market continued with the Dow collapsing another 3,000 points (12%)! More wild trading took place in the gold market, which saw a jaw-dropping $124 range today as physical gold shortages are now appearing.
In the midst of another wild trading day in global markets, reports of physical gold shortages are being reported, plus a look at panicked markets.
On the heels of the Fed lowering interest rates to zero and promising to inject $700 billion of QE, and the world continues to edge closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the collapse of the global financial system is imminent.
On the heels of the recent plunge in the gold and silver markets and collapse in the mining stocks, today legend Pierre Lassonde spoke with King World News about the recent carnage as well as what he is doing with his own money right now as well as where he believes the price of gold is headed from here.
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 current 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.
In light of the recent carnage in the gold sector, I reach out to legend Pierre Lassonde to discuss the carnage as well as where the price of gold is headed and what investors should expect from here. That interview will be released immediately, but in the meantime, look at this….
Below is a fascinating email from KWN reader about what is unfolding.
[Marketwired] – Central GoldTrust today announced the adoption of an enhanced cash redemption feature. The new feature, which will be effective upon the later of receipt of required regulatory approvals or July 14, 2015, …
[Marketwired] – Central GoldTrust today announced the adoption of an enhanced cash redemption feature. The new feature, which will be effective upon the later of receipt of required regulatory approvals or July 14, 2015, …
[Marketwired] – Editors Note: There is a photo associated with this press release.
[Marketwired] – Editors Note: There is a photo associated with this press release.
[Marketwired] – Kinross Gold Corporation will release its financial statements and operating results for the second quarter 2015 on Wednesday, July 29, 2015, after market close. On Thursday, July 30, 2015 at 8:00 a.m. …