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.
It has been a wild start to 2021, but take a look at what is skyrocketing.
[CNW Group] – Westwood mine production continues uninterrupted following a localized fall of ground
[PR Newswire] – Gold production in the mill was not interrupted as Westwood has sufficient stockpiles and has advanced underground development to the extent that it has many operating underground stopes from which to mine. Mining in the affected area has been suspended until the situation analysis is completed, as worker safety remains the priority. Based on an initial assesment of this event, annual production and cost guidance for Westwood
[PR Newswire] – (all figures in US dollars unless otherwise noted) ELD No. 15-07 TSX: ELD NYSE: EGO VANCOUVER, May 26, 2015 /CNW/ …
[CNW Group] – Eldorado Gold Announces Positive Feasibility Study on Certej Project, Romania
