Today Nomi Prins, who has given keynote speeches to the IMF, Federal Reserve and World Bank, warned King World News that China may launch the equivalent of a financial nuclear weapon by telling its state-owned banks to dump US Treasuries and buy gold. This would unleash global financial chaos and send the price of gold even higher.
When it comes to the surge in the price of gold, one professional said, “Call this the China effect.” Plus a look at silver.
Chinese investors continue flooding into gold amide economic chaos. Take a look at what that might mean for the price of gold by the end of 2025.
Here is an update on used car sales, rent prices, central banks and a trade deal.
Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, sent King World News a major report MSA just released on the price of silver!
Today James Turk covers silver. Are we looking at $50 silver or more consolidation? Plus a look at the weak economy.
Look at what China is going while locked in an economic war with the United States.
Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, sent to King World News an extremely important note about the stock market break today.
Look at what just had a brief boom but will collapse…again.
On the heels of the price of gold futures surging more than $100, here is an important update on where things stand in both the gold and silver markets.
The global rush to gold continues as gold is now being recognized as the world’s supreme currency.
With sentiment extremely negative as well as a large volume of end of the word articles, it appears that the US dollar may be set for a surprise countertrend rally.
Gold and silver buyers on COMEX are standing for delivery, even as market turbulence continues.
Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, sent to King World News an extremely important update on the stock market.
Today gold futures have tumbled $90 and silver has broken below $32 as the US dollar threatens a counter trend rally.
Look at this amazing value play in the gold market.
On the heels of some wild trading in global markets, people are worried about running out of money.
Take a look at what is collapsing and skyrocketing at the same time.
Major markets around the world, including gold, are keying off of the US dollar.
Is this $800+ target for silver possible? Plus an important update on the gold market.
[Marketwired] – Banro Corporation is pleased to announce that the Company has been formally recognized for its social investment programs in the Democratic Republic of the Congo with the award of “Best Performer …
[PR Newswire] – Highlights: Deepest hole to date at Santoy Gap returned 43.28 (uncut) or 30.54 (cut) grams of gold per tonne over 1.15 metres true width at 675 metres below surface; Up-dip continuity at Santoy Gap confirmed …
[CNW Group] – Claude Provides Exploration Update and Initiates Deep Drill Program at the Santoy Mine Complex
[Marketwired] – Comstock Mining Inc. announced today a public offering of 10,169,492 shares of its common stock. The closing of the offering is expected to occur on October 20, 2015, subject to customary closing conditions.The …
[Marketwired] – Lake Shore Gold Corp. today announced that the Company plans to release its nine month and third quarter 2015 financial and operating results before the market opens on Thursday, October 29, 2015. The …
[Marketwired] – Alamos Gold Inc. today announced that Scott Perry has resigned from the Company’s Board of Directors following his appointment as Chief Executive Officer of another intermediate gold producer.
[PR Newswire] – Do you, or did you, own shares of Silver Wheaton Corp. (NYSE: SLW)? Did you lose money in your investment in Silver Wheaton Corp.? Rigrodsky & Long, P.A., including former Special Assistant United States Attorney, Timothy J. MacFall, announces that a complaint has been filed in the United States District Court for the Central District of California on behalf of all persons or entities that purchased the
[PR Newswire] – Do you, or did you, own shares of Silver Wheaton Corp. (NYSE: SLW)? Did you lose money in your investment in Silver Wheaton Corp.? Rigrodsky & Long, P.A., including former Special Assistant United States Attorney, Timothy J. MacFall, announces that a complaint has been filed in the United States District Court for the Central District of California on behalf of all persons or entities that purchased the
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[GlobeNewswire] – NEW YORK — The following statement is being issued by Levi & Korsinsky, LLP:
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AUSTIN, Texas (AP) — The regulatory agency overseeing Texas’ oil and gas industry has determined that a series of small earthquakes in North Texas likely wasn’t caused by drilling operations by an Exxon Mobil subsidiary.
SAO PAULO (AP) — Brazil’s federal prosecutor’s office filed formal corruption charges on Tuesday against the former head of Eletronuclear, the state-owned company that operates Brazil’s two nuclear power plants, for his suspected role in a bribery scandal.
The Florida Supreme Court heard arguments on Tuesday about the language of a proposed constitutional amendment that would let consumers buy electricity from independent solar power companies, rather than stay dependent on state-regulated utilities. Florida is one of a handful of states where homeowners and businesses are not permitted by law to buy electricity directly from anyone other than a utility. Attorneys for the utilities told the court the amendment
Oil major ConocoPhillips is laying off 400 employees and 100 contractors in Canada, a company spokesman said on Tuesday, with the majority of cuts coming in the Calgary office. ConocoPhillips spokesman Rob Evans said the 400 employees were about 15 percent of the company’s workforce in Canada and the cuts will take effect in mid-October.
By Megan Rowling BARCELONA (Thomson Reuters Foundation) – After oil prices hit a record high in July 2008, the tiny Pacific nation of the Marshall Islands was forced to declare an economic emergency since around 90 percent of its energy needs were met by imported petroleum products. The fuel price shock was a major incentive for the low-lying island country to reduce its reliance on diesel and other fossil fuels,
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Chevron Corp., up 56 cents to $80.99 Oil stocks tracked the price of crude, which …
(Reuters) – A North Dakota oil well owned by Exxon Mobil subsidiary XTO Energy blew out on Saturday, leaking more than 550 barrels (23,100 gallons) of crude, some of which left the wellpad and seeped into surrounding grasses. The well, located in a rural area 25 miles southeast of Watford City, was being hydraulic fractured when its pressure control valves failed and it leaked the oil and about 110 barrels
CAPE TOWN (Reuters) – Chevron’s 110,000 barrel per day refinery in South Africa is operating normally after losing around 30 percent of its output due to a mechanical fault, the firm said on Monday. “We can confirm that the refinery is operating as per normal,” a spokeswoman said in a statement after the unplanned outage about two weeks ago affected the supply of petrol, diesel and liquefied petroleum gas.
Texas authorities have charged a man with killing a uniformed sheriff’s deputy at a Houston gas station Friday night. Law enforcement officials on Saturday arrested Shannon J. Miles, of Cypress, and charged him with capital murder in the fatal, “execution-style” shooting of Harris County deputy Darren H. Goforth, NBC News reports. Deputy Goforth was filling up his patrol car at a Houston Chevron gas station when the gunman approached from
WASHINGTON (AP) — The Environmental Protection Agency says it is going forward with a new federal rule to protect small streams, tributaries and wetlands, despite a court ruling that blocked the measure in 13 central and Western states.