As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies told King World News that the Fed may revalue gold to $14,000 as a major warning signal flashes red.
On the heels of the price of gold tumbling $20, here is the reason for yesterday’s smash in the metals market.
One European analyst says that despite today’s pullback, the big picture on gold remains extremely bullish.
Today the top trends forecaster in the world said the Federal Reserve needs to move now because it can’t afford to wait any longer.
With continued uncertainty around the world, today legend Art Cashin comments on Draghi, Brexit, ECB, Gold, Bitcoin and oil.
One European analyst just warned the tables might soon be turning in favor of gold.
With continued uncertainty around the world, it appears the next move by the Fed may be to cut interest rates. Also, what has happened in Japan is stunning.
Here are some key charts for gold, silver and charts.
With everyone focused on the Fed’s decision not to raise interest rates, one of the greats in the business just flashed this major alert and said gold is rising as a Phoenix.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies shared with King World News the most important chart of this century and what will take the world by surprise.
After the confession that interest rates will not be raised for the rest of 2019, Peter Boockvar told King World News “Don’t think the Fed or other central banks are going to save your ass. It’s time to buckle up and own some gold.”
On the heels of another wild trading week, Bill Fleckenstein warned King World News “Somebody has got to stop these idiot central bankers.” Fleckenstein also warned that the price of precious metals is going to take off.
With the Dow tumbling, bonds continuing to surge and gold trading above $1,310, one of the greats in the business told King World News that this will be the fuel for the next move higher in gold and silver.
On the heels of yesterday’s Fed decision, the US dollar has now seen a major reversal in near record time. Here is what that means for gold and the dollar in the coming weeks.
On the heels of the Fed’s decision to keep interest rates steady with no further rate hikes in 2019, gold rallied as the US dollar weakened.
One European analyst just warned the gold price is set to surge as a day of reckoning is rapidly approaching for central banks.
Multi-billionaire Hugo Salinas Price just warned that the Fed is now trapped and this will have big implications for the US dollar and gold.
Ahead of this week’s Fed decision on interest rates, Art Cashin discusses the weakening global economy and what to expect from the Fed tomorrow.
As investors continue to await the outcome of this week’s Fed Meeting, today James Turk told King World News that people should instead be focused on the spectacular multi-year accumulation pattern in the gold market.
Foreign countries continue dumping US Treasuries plus a look at Asia and negative interest rates in Europe.
[CNW Group] – Agnico Eagle Announces Investments in Belo Sun And Pershimco
[CNW Group] – Agnico Eagle Announces Investments in Belo Sun And Pershimco
[PR Newswire] – TORONTO, May 14, 2015 /PRNewswire/ – Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) (“Agnico Eagle”) announced today that it has agreed to subscribe for 62,500,000 common shares (“Belo Sun Shares”) of Belo Sun Mining Corp. (BSX.TO) (“Belo Sun”) in a non-brokered private placement at a price of $0.24 per Belo Sun Share for total consideration of $15,000,000. Closing of the private placement is expected to occur on or
[PR Newswire] – TORONTO, May 14, 2015 /PRNewswire/ – Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) (“Agnico Eagle”) announced today that it has agreed to subscribe for 62,500,000 common shares (“Belo Sun Shares”) of Belo Sun Mining Corp. (BSX.TO) (“Belo Sun”) in a non-brokered private placement at a price of $0.24 per Belo Sun Share for total consideration of $15,000,000. Closing of the private placement is expected to occur on or
[PR Newswire] – TORONTO, May 14, 2015 /PRNewswire/ – Seabridge Gold reported today that it has filed its Financial Statements and Management’s Discussion and Analysis for the three months ended March 31, 2015 on SEDAR. The Company incurred a net loss for the three months ended March 31, 2015 of $2.5 million or $0.05 per share compared to a net loss of $2.4 million or $0.05 per share in the
[CNW Group] – Seabridge Gold Files First Quarter Financial Statements and MD&A