On the heels of the Dow wiping out a more than 900 point gain before turning around and rallying more than 900 points, while the US dollar and oil rally, here is a gold update, plus look at what just spiked the most since the oil related blow up in 2016.
Yes, the stock market has been collapsing, but with gold remaining strong and the price of crude oil collapsing, the Gold/Oil Ratio is skyrocketing!
On the heels of the Dow plunging along with oil and the US dollar, here is the chart of the day for the gold bulls, plus carnage alert as a bloodbath unfolds in the oil patch.
On the heels of the Dow futures tumbling 900 and the price of gold surging above $1,700, Dr. Stephen Leeb shared with King World News his thoughts on the dangers of the Coronavirus, its impact on markets, and $20,000 gold.
Today the former US Budget Director Under President Reagan, David Stockman, told King World News that the 1,000 Dow intraday swings is a warning that the fantasy of the last few decades is finally coming to an end.
As the chaotic trading in global markets continues, one of the greats just warned “the amounts of QE will be truly staggering,” plus wild trading in gold, bonds and more.
After another wild day of trading in global markets where bonds soared and stocks plunged, gold is heading onward and upward, plus a break of this key level will cause gold bears to throw in the towel.
Spot gold just closed at a 7 year high as the Dow plunges over 1,000 and gold surges another $30.
With the Dow plunging and gold surging, one of the greats says gold and silver are headed much higher, plus fed will be forced to cut rates again very soon.
Stephanie Pomboy just issued a US dollar warning, plus a look at gold liftoff and China car sales crash.
Here is a fascinating email from a KWN reader regarding the chaotic trading in global markets and gold.
Global markets panicked in response to the Fed’s emergency rate cut, unless you own gold. Plus a look at the road to zero, check this out, intervention most egregious in 40 years and more.
On the heels of an emergency Fed 1/2 point rate cut, gold soars $50 while the Dow plunges 950, but here is the big surprise.
On the heels of a violent countertrend rally in stocks, Stephanie Pomboy says, “You are here,” including a fascinating chart, plus Macau collapse, WTF, and 3/4 point emergency rate cut.
As we kickoff what will surely be another wild week of trading, one of the greats just said, “buy gold and silver on all dips. Plus expect rate cuts and a look at bullion banks and large shorts.
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 and metals told King World News that the world is now facing the gravest crisis in modern history.
On the heels of a wild week of trading, Alasdair Macleod discussed the current state of the gold market and the Coronavirus market panic.
With the Dow plunging thousands of points and wild trading in gold and bond markets taking the world by surprise this week, one of the most important interviews of 2020 has just been released with Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets.
On the heels of the intraday 1,000 point plunge in the Dow, mining legend Pierre Lassonde communicated with King World News about the Coronavirus market panic, plus Peter Schiff discusses the plunge in gold and the mining stocks.
With the Dow plunging another 1,000 points and gold pulling back after a monster surge off the 2019 lows, one of the greats just said, “The central bank put is now worthless.”
[PR Newswire] – Gold production of 189,414 ounces, All-In Sustaining Costs of $729 per ounce TSX: ELD NYSE: EGO VANCOUVER, April 30, 2015 /PRNewswire/ – Eldorado Gold Corporation, (“Eldorado” or “the Company”) …
[CNW Group] – Eldorado Reports 2015 First Quarter Financial and Operational Results
[PR Newswire] – Stock Symbol: AEM (NYSE and TSX) (All amounts expressed in U.S. dollars unless otherwise noted) TORONTO, April 30, 2015 /PRNewswire/ – Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) (“Agnico Eagle” …
[CNW Group] – Agnico Eagle Reports First Quarter 2015 Operating and Financial Results – Strong Operational Performance Drives Record Gold Production and Low Costs – Amaruq and Kittila Drill Programs Yield Positive Results…
[CNW Group] – New Gold Announces Results of Vote for Election of Board of Directors
[PR Newswire] – TORONTO, April 30, 2015 /PRNewswire/ – New Gold Inc. (“New Gold”) (TSX:NGD) (NYSE MKT:NGD) today announces the voting results from the election of its Board of Directors at New Gold’s Annual …
[Marketwired] – Banro Corporation announces that it has closed the US$70 million balance of its previously announced financing , such balance includes a US$20 million gold forward sale transaction relating to the Twangiza …
