On the heels of Monday’s rebound, today legend Pierre Lassonde told King World News that we just saw a major bottom in the gold market. He also shared his top mining stock pick for 2021.
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.
After KWN exposed the lack of liquidity in London, gold and silver staged a big rally on Monday. But according to one of the greats in the business investors should look for further gains in the Metal of Kings (Gold).
Over the weekend KWN ran the viral interview Crisis Brewing In London As Gold Liquidity Dries Up – “No Liquidity At All…Whole Situation Precarious.” Well, today the metals are reacting to that crisis in London by bolting higher with the price of gold surging above $1,800 and silver breaking out above the key $28 level.
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 clock is ticking and we are going to see massive wealth destruction and the greatest transfer of wealth in history.
This interview takes a trip down the rabbit hole of a crisis brewing in London as gold liquidity has dried up and one veteran warned, “No liquidity at all…whole situation extremely precarious.”
Reports out of London and Zurich indicate that there is no physical gold or silver available in size in either London or Zurich, Switzerland. The only question remaining, is the Bank of England leasing gold in a desperate attempt to keep the price in check?
If you are worried about the action in the gold and silver markets just read this…
Below is a brand new segment on health, plus a look at gold, silver, commodities and inflation.
Sprott Asset Management, which has been making news with its PSLV fund accumulating large amounts of physical silver, is now saying silver demand will explode in the next 10 years.
A Swiss firm just issued this major report titled “The Death Of Logic.”
Today one of the greats in the business said the dip in the price of gold is ironic and remained bullish on gold.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that the price of gold will reverse higher with extreme speed and violence. Oliver also said the gold bears are doomed and gave an update on the situation in the silver market.
Gold and silver prices are now on the verge of being unleashed as the Fed and JP Morgan lose control.
As we kickoff another week of trading in what has been a wild 2021, a great danger is threatening the stability of the global financial system. For each one percent rise this will cause a staggering $3 trillion in mark-to-market losses.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that yes, there will be a historic crash in global assets, but this is the real danger.
With investors becoming increasingly aware of the fraud and outright criminal activity taking place in the financial markets, serious questions are now emerging as the managers of the Silver ETF SLV just issued a new disclosure that made very little sense if the fund is indeed backed by physical silver.
Look at who just said, “Silver is going to at least $200 and gold is going to end up at $20,000.”
As we come to the end of another trading week, keep an eye on gold, but this is potentially explosive for silver.
We are near the end of fiat money and time is running out for investors to prepare.
When it comes to outrageous predictions for 2021, the sun shines on silver.
[Reuters] – TORONTO/VANCOUVER, June 1 (Reuters) – Newmont Mining Corp is in exclusive talks with AngloGold Ashanti Ltd as it moves closer toward clinching a deal to buy the African miner’s Cripple Creek & Victor gold mine in Colorado, according to two sources familiar with the matter. The sources said that if South African-based AngloGold agrees to a sale, the asset is likely to fetch a price somewhere in the
[CNW Group] – Vista Gold Corp. Announces Receipt of A$7.5 Million Net Tax Refund Under the Australian Government’s Research & Development Incentive Program
[PR Newswire] – DENVER, June 1, 2015 /PRNewswire/ — Vista Gold Corp. (the “Company,” “we” or “our”) (NYSE MKT and TSX: VGZ) today announced that it has received an A$7.5 million (approximately US$5.7 million) Research & Development (“R&D”) Tax Incentive refund, net of costs to prepare and file. Frederick H. Earnest, President and Chief Executive Officer, commented, “Certain investments we made in 2012 to find innovative solutions to our water
[Marketwired] – Rubicon Minerals Corporation announces the appointment of Bill Shand, P. Eng. to Vice President, Operations and the retirement of Daniel Labine, P. Eng.
[Marketwired] – Gilla Inc. , a designer, marketer and distributor of electronic cigarettes, vaporizers, e-liquids and related accessories , is pleased to announce that the Company continues to expand its presence in Europe …
[Market Realist] – The US Dollar Index measures the US dollar’s strength against a basket of six major currencies. It was up by 2% in the last five sessions. It ended at 97.02 on May 28.
[Marketwired] – GoldLand Holdings Company announces that it has formed its first wholly owned subsidiary, Goldland Gaming Corporation, in preparation of the upcoming release of its new business plan and model.
[CNW Group] – Drilling Begins at Seabridge Gold’s KSM Project
[PR Newswire] – TORONTO, June 1, 2015 /CNW/ – Seabridge Gold reports that today core drilling has started at its 100%-owned KSM Project in northwestern British Columbia. This year’s main goal is to determine the potential for a high-grade core zone beneath the known Mitchell deposit, which is KSM’s largest. Seabridge has successfully targeted higher grade core zones beneath KSM’s near surface porphyry deposits over the past two years, resulting
[PR Newswire] – YORK, England, June 1, 2015 /PRNewswire/ — Tissue Regenix Group plc (AIM:TRX) (“Tissue Regenix” or “the Group”), the regenerative medical devices company, announces that DermaPure®, …
