With oil trading near $77, and stocks at all-time highs, below are three incredibly powerful commentaries discussing everything from a coming stock market crash to a severe financial crisis and a loss of confidence. By Art Cashin Director of Floor Operations at UBS November 11 (King World News) – “On this day in 1918, Pvt Henry Gunther of Baltimore, Maryland thought he saw a suspicious movement in the German trenches
With historic patterns unfolding in global markets, the Godfather of newsletter writers, 90-year old Richard Russell, writes about the big picture for gold, stocks, the U.S. dollar, and an eventual collapse. The 60-year market veteran also included two fantastic charts to go along with his outstanding commentary. Russell: “Below you see the ratio GDX to GLD (gold). The chart shows that the gold miners are now at the lowest level
With the war in gold continuing to rage, today one of the most respected veterans in the gold world sent King World News a fantastic illustration which sums up the war in gold in one incredible chart. Below is James Turk’s extraordinary chart as well as his comments on the war in the gold market. Turk: “Last week I was in Munich, Germany, Eric, speaking at one of Europe’s largest
Today a man who has been involved in the financial markets for 50 years spoke with King World News about the ongoing war in the gold and silver markets. Below is what John Embry, who is business partners with billionaire Eric Sprott, had to say. Embry: “I am focused on the short-term price action in the gold and silver markets, most particularly this morning. I think the most predictable event
As the world continues to move into uncharted territory, today a 40-year market veteran sent King World News a powerful piece warning that the jig is up for the West and a historic and disastrous transition is now upon us. He also discussed gold, silver, oil, and what investors should be doing in this dangerous environment. Below is what Robert Fitzwilson, founder of The Portola Group, had to say in
Below is an extremely important note about Friday’s trading in the gold market from legendary Richard Russell…
Today former US Treasury official, Dr. Paul Craig Roberts, gave a shocking interview to King World News covering criminal activity by the U.S. Federal Reserve. He also discussed the outrageous action in the gold and silver markets, and why the West is so desperate. Below is what Dr. Roberts had to say in this stunning interview. Eric King: “Dr. Roberts, there has been speculation about who is really behind this
On the heels of a weaker than expected jobs report in the U.S. that sent the gold market surging nearly $30, today Michael Pento warned King World News that the world is about to fall into a terrifying deflationary crater. Pento also discussed what he is doing with his firm’s money ahead of the coming chaos. By Michael Pento of Pento Portfolio Strategies November 7 (King World News) – This
Today one of the top people in Hong Kong spoke with King World News about a nightmare scenario for the shorts in the gold market. Hedge fund manager William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed what it would mean for the gold shorts if this terrifying scenario started to unfold. Below is what Kaye had to say in this extraordinary interview.
Today King World News is featuring a piece by a man whose recently released masterpiece has been praised around the world, and also recognized as some of the most unique work in the gold market. Below is the latest exclusive KWN piece by Ronald-Peter Stoferle of Incrementum AG out of Liechtenstein. By Ronald-Peter Stoferle, Incrementum AG Liechtenstein November 7 (King World News) – Worried About Gold / Silver Smash –
Today a 42-year market veteran spoke with King World News about the remarkable event that is going to trigger collapse and send shockwaves in global markets. Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this extraordinary interview. Greyerz: “Eric, I’m watching Japan because I think it’s the best example of the coming hyperinflation we will see in many
Today the man who owns the largest gold and silver dealer in the United States told King World News he was surprised by the amount of panic selling in gold and silver taking place at these levels. This has created an interesting dynamic in terms of buyers and sellers. Below is what 41-year market veteran Bill Haynes had to say about the massive activity he is seeing in gold and
As global stock markets continue their wild ride, a troubling trend is now emerging! Here is the latest Investors Intelligence report along with the all-important sentiment chart: The strong index rally from mid-October lows continued. Friday’s finish showed the primary averages either close to or just above their Sep peaks, with quick rallies of 10% or more in just over two weeks. Indicators also gained more ground with some short term charts reaching…
On the heels of another plunge in the gold and silver markets, today legendary Pierre Lassonde stunned King World News when he openly discussed manipulation of the gold market. Lassonde also spoke with KWN in great detail about the gold and silver smash and what he invested $10 million of his own money in today. Lassonde is arguably the greatest company builder in the history of the mining sector. He
Today one of the top people in Hong Kong spoke with King World News regarding shocking facts about today’s smash in gold and silver. Hedge fund manager William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed the physical markets for both gold and silver, and said that silver will be the one to watch in the future. Kaye: “Right now we are at
Today a legendary trader and investor, who recently called the bottom in the U.S. stock market with remarkable precision, gave King World News a stunning interview about what surprise action to expect in gold, global stock markets, and oil. Victor Sperandeo has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below are the warnings and predictions issued by Sperandeo.
Today an acclaimed money manager told King World News that we are very close to seeing one of the most dramatic reversals in any market in history. Stephen Leeb also spoke about China, Russia, and the West, and said the next leg of the bull market in gold will take the price above $10,000. Leeb: “I find it fascinating that we are seeing continued weakness in the price of oil.
Today a 60-year market veteran sent King World News three absolutely incredible charts as we head into the end of 2014, and he also discussed his predictions for the major markets, including stocks, gold, and silver. Below is six-decade market veteran Ron Rosen’s remarkable piece. Rosen: “This long, disheartening, dismaying, giant correction in gold is just about over. There have already been four bull moves in this secular bull market
Today the Godfather of newsletter writers, 90-year old Richard Russell, warned that we will see violent action ahead. The 60-year market veteran also covered the Great Recession, the Bank of Japan, the U.S. dollar, gold, silver, stocks, and a plethora of other topics as only Russell can at the age of 90. The Russell opinion is that the world is still embedded in the Great Recession. Thus, I am arguing with
With crude oil tumbling over $2 a barrel and the gold and silver rout continuing, today James Turk spoke with King World News about the ongoing smash in gold and silver and what is happening in the physical market for both metals. Below is what Turk had to say in this timely and powerful interview. Turk: “You and I have spoken many times, Eric, about how the central planners are
[Market Realist] – A stronger US dollar makes dollar-denominated gold more expensive for holders of other currencies. It also diminishes gold’s appeal as a hedge.