This Is How Broke People Are In The United States, Plus A Look At Housing
As gold and silver consolidate recent gains, this is how broke people are in the United States, plus a look at housing.
As gold and silver consolidate recent gains, this is how broke people are in the United States, plus a look at housing.
On the heels of the US dollar sinking to a 14 month low, are we looking at the death of the dollar?
As we kickoff another trading week, here is John Hathaway’s big update on gold and gold stocks.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that this catastrophic financial collapse will happen incredibly quickly leading to an inferno in global markets.
After silver surged above $25 and gold hit $1,960 here is what to expect next.
Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, warned King World News that what is about to be announced will shock the world.
Today the man who correctly predicted the BRICS would launch a gold-backed currency spoke with King World News about how the news has dramatically impacted trading in the gold market.
The great ‘Dollar Destroyer’ is close to being unleashed by the BRICS spearheaded by Russia and China. This will essentially reintroduce gold back into the global monetary system for 70% of the world’s population.
On the heels of the US dollar declining sharply for the 6th straight day, Eric Pomboy just warned the ‘Doom Loop’ is in full swing.
There is serious trouble despite the continued propaganda as this warning was just issued: “They know how bad it’s going and they’re going to do everything they can to keep gold prices down before they skyrocket.”
Today James Turk told King World News gold and silver have broken out to the upside as gold surged $26 and silver $1. He also discussed why the breakout took place as well as what to watch for next.
Gold is headed to $2,700-$3,000 but the big surprise will be stocks that will soar 20-30x higher.
As we kickoff trading, market legend Art Cashin says commodities are close to a major upside breakout, plus a look at 1920s vs today.
On a day where the global markets are relatively calm, here is the big surprise of the day.
On the heels of King World News interviewing the man who correctly predicted Russia and the BRICS would launch a gold-backed currency, it appears the BRICS countries are continuing their massive gold buying spree.
Today King World News interviewed the man who correctly predicted the Russians and BRICs would launch a gold-backed currency. News today confirmed that it will happen in August. While this news shocked people around the globe, it was no surprise to the man who predicted it. And what he had to say about what is coming is even more fascinating.
Consumers are struggling, plus a look at real estate as Art Cashin says keep your seatbelt fastened.
After the Dow tumbled 500 points in early trading, legend Art Cashin just warned we could see another wave of selling today.
Europe is now taking steps to move to a cashless society.
Stock are struggling as big problems are concerning investors around the world.
[Marketwired] – Central GoldTrust and ; today provided an update on developments that have occurred since the Trustees of GoldTrust issued their Trustees’ Circular dated June 9, 2015, recommending that Unitholders of …
[PR Newswire] – VANCOUVER, Oct. 2, 2015 /PRNewswire/ – GOLDCORP INC. (TSX: G, NYSE: GG) announced today a work stoppage by miners represented by the Asociacion Obrera Minera Argentina, Province of Santa Cruz delegation at the Cerro Negro mine. A comprehensive contingency plan is in place during this shutdown of operations that will enable mining and processing to be restarted immediately following the return of the workforce. Our focus is
[CNW Group] – Goldcorp announces work stoppage at its Cerro Negro mine
[Marketwired] – In response to media inquiries, Kinross Gold Corporation wishes to address the circumstances surrounding an ongoing regulatory review in relation to its West Africa mining operations.In August 2013, Kinross …
[CNW Group] – Eldorado Gold Announces Q3 2015 Financial and Operational Results Release Date and Conference Call
[PR Newswire] – TSX: ELD NYSE: EGO VANCOUVER, Oct. 2, 2015 /PRNewswire/ – Eldorado Gold Corporation will release its Q3 2015 Financial Results before the market opens on Friday October 30, 2015. Paul Wright, Chief Executive …
[Marketwired] – CANGOLD LIMITED is pleased to announce that the plan of arrangement , pursuant to which Great Panther Silver Limited will acquire all of…
[Marketwired] – First Majestic Silver Corp. is pleased to announce the voting results for the election of its Board of Directors at its annual general meeting held on May 21, 2015.
NEW YORK (TheStreet) — The gold price chopped around slightly above the unchanged mark until just after 1 p.m. in Hong Kong and then began to head lower, with the low tick coming minutes after 9 a.m. EDT. It rallied a bit going into the London p.m. gold ‘fix’—and from there it didn’t do a lot. The high and lows were reported by the CME Group as $1,212.40 and $1,200.80
[CNW Group] – Silvercorp reports financial and operating results for the fiscal year and fourth quarter ended March 31, 2015
[PR Newswire] – Trading Symbol: TSX: SVM NYSE: SVM VANCOUVER, May 21, 2015 /PRNewswire/ – Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE: SVM) today reported its financial …
[PR Newswire] – TSX: SLW NYSE: SLW VANCOUVER, May 21, 2015 /PRNewswire/ – Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (TSX:SLW) (NYSE:SLW) announces that the nominees listed in the management …
[CNW Group] – Silver Wheaton Announces Election of Directors and Approval of Approach to Executive Compensation
NEW YORK (TheStreet) — After the the two hour sell-off going into the London open, the gold priced inched higher until shortly after the p.m. gold fix was in at 10 a.m. EDT in New York. After that it chopped quietly sideways into the close. Once again the high and low ticks aren’t worth my effort to look up. … Click to view a price quote on GLD. Click to
NEW YORK (TheStreet) — The gold price was under choppy selling pressure up until ten minutes after the COMEX open in New York yesterday morning—and at that point the HFT boyz and their algorithms went to work, with most of the damage done by around 10:35 a.m. EDT. The gold price traded flat after that, but the absolute low tick was a quick down/up spike minutes before 11:30 a.m. The
[CNW Group] – Great Panther Silver Signs Option Agreement to Acquire Coricancha Au-Ag-Pb-Zn-Cu Mine in Peru
CONCORD, N.H. (AP) — There’s plenty of raw electricity sloshing around in Quebec’s rivers and reservoirs, offering promise for U.S. northeasterners who pay the nation’s highest power costs.
CONCORD, N.H. (AP) — There’s plenty of raw electricity sloshing around in Quebec’s rivers and reservoirs, offering promise for U.S. northeasterners who pay the nation’s highest power costs.
Next week, the Environmental Protection Agency is expected to outline what could be the Obama Administration’s most influential policy on climate change. Called the Clean Power Plan, the rule is aimed at reducing harmful emissions from existing electric power plants—the country’s largest source of carbon dioxide, the most significant greenhouse gas. The plan will task each state with coming up with a strategy and take action to reduce its carbon
Next week, the Environmental Protection Agency is expected to outline what could be the Obama Administration’s most influential policy on climate change. Called the Clean Power Plan, the rule is aimed at reducing harmful emissions from existing electric power plants—the country’s largest source of carbon dioxide, the most significant greenhouse gas. The plan will task each state with coming up with a strategy and take action to reduce its carbon
MEXICO CITY (AP) — Residents of a heavily Indian area have approved the installation of a huge wind power project in the Isthmus of Tehuantepec in southern Mexico, the Oaxaca state government said Friday.
NEW YORK (AP) — Stocks closed modestly lower Friday as oil titans Exxon Mobil and Chevron led a slump in energy stocks.
New York (AFP) – Weakness in petroleum-linked equities weighed down the Dow and the S&P 500 Friday following poor earnings from ExxonMobil and Chevron and a drop in oil prices.
US oil giants Chevron and ExxonMobil signaled Friday further belt-tightening ahead as the industry responds to lower oil prices that slammed earnings in the second quarter. Chevron said it was trimming 1,500 jobs as it cuts 2015 capital spending about $5 billion compared with last year. “We’re getting our cost structure down, through renegotiations across the supply chain and by sizing our contractor and employee workforce to reflect lower activity
Exxon Mobil shares fell 3.5 percent while Chevron was down 3.9 percent after reporting poor quarterly earnings due to weak oil prices. This definitely puts a lower probability on that,” said Stanley Sun, interest rate strategist at Nomura Securities International in New York. The S&P 500 was down a marginal 0.02 percent at 2,108.13 and the Nasdaq Composite added 0.18 percent to 5,138.08.
Lower oil prices hammered earnings of US petroleum giants ExxonMobil and Chevron Friday, adding to the industry’s woes amid its worst downturn since the late 1990s. ExxonMobil, the biggest US oil company, said second-quarter profits fell by 52.3 percent year-over-year to $4.2 billion as it reported a loss in its US exploration and production division. The carnage was even worse at Chevron, which reported about a 90 percent drop in