KWN GOLD

Nomi Prins Says US May Begin Stockpiling Silver As A Strategic Reserve

Today Nomi Prins, who has given speeches to the World Bank, IMF and Federal Reserve, told King World News that the United States may once again begin stockpiling silver as a strategic reserve.  This would have an enormous impact on the already thin physical silver market.  Global silver production is only 819.7 million ounces a year, and the last time the US stockpiled silver it reached a jaw-dropping peak of 3.3 billion ounces.  The question is where will all of that silver come from and how high will the price of silver have to go in that kind of market?  Here is what Prins had to say.

Michael Oliver Just Predicted The Price Of Silver Will Hit $160-$240

Today Michael Oliver, the man who worked directly with the Chairman of the Comex during the wild 1970s bull market when the price of silver hit an all-time record of $50, and who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News in one of his greatest audio interviews ever that he predicts the price of silver will hit $160-$240.

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Alter NRG reports 2Q loss

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 13 cents. The alternative energy company posted revenue of $370,000 in the period. In the final minutes of trading on Friday, …

Moroccan tax authority seizes assets of oil refinery Samir

Morocco’s tax administration seized the assets of the country’s only oil refinery, Societe Anonyme Marocaine de l’Industrie du Raffinage (Samir), over unpaid taxes, an official at the company said on Thursday. Samir is beset by financial difficulties and announced earlier this month that it would halt production at some units of its 200,000 barrel per day (bpd) Mohammedia refinery. The company posted a record consolidated net loss of 2.5 billion

Solar is having a great year, except on Wall Street

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Wall Street, however, has been dumping solar shares this

EPA head meets with Navajo president over Colorado mine spill

By Alison Uralli FARMINGTON, N.M. (Reuters) – The head of the U.S. Environmental Protection agency told the Navajo Nation president on Thursday that her agency would work closely with the Native American tribe in handling a toxic waste spill into river waters from a defunct Colorado gold mine. Navajo Nation President Russell Begaye has pledged to take legal action against the EPA, which has taken responsibility for inadvertently causing the

Fifteen U.S. states seek to block EPA carbon rule

Fifteen state attorneys general filed a court petition in Washington to block the Environmental Protection Agency’s new rules to curb carbon emissions from power plants until courts have weighed in on whether they are legal. States from Alabama to West Virginia that oppose the Obama administration’s Clean Power Plan filed for the stay in the U.S. Court of Appeals for the D.C. Circuit and asked for a ruling by Sept.