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Nomi Prins Says The Price Of Gold May Hit $5,400+ During This Rate Cycle!

Nomi Prins Says The Price Of Gold May Hit $5,400+ During This Rate Cycle!

Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, and who also correctly predicted that the price of gold would hit $2,500 in the middle of 2024, told King World News that investors should buckle up for some wild trading in global markets in 2025, and the price of gold may hit $5,400+ during this rate cycle!

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GOLD (MSM)

October 02, 2015 GOLD (MSM)

Gold jumps after weak US jobs data

[at Financial Times] – Gold ended the week with one of its biggest daily percentage jumps this year after weak US jobs data boosted hopes that the Fed might delay a rise in interest rates. The precious metal rose 2 per cent …

KWN MONEY

SILVER (MSM)

May 19, 2015 SILVER (MSM)

Tuesday, May 19: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price didn’t do much in most of Far East trading on their Monday.  There was a bit of spike starting shortly before 2 p.m. Hong Kong time, but that was capped shortly before the London open—and it chopped lower for the remainder of the Monday session both in London and New York. For the most part, the gold price traded within a ten dollar

May 16, 2015 SILVER (MSM)

Saturday, May 16: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price weakened a bit in Far East and early London trading on their Friday, with the low tick coming shortly after 11 a.m. BST.  It traded flat for a couple of hours—and began to rally shortly before the COMEX open.  And like what happened on Wednesday and Thursday, the price got stepped on shortly after the London p.m. gold fix.  The high tick of

May 15, 2015 SILVER (MSM)

Friday, May 15: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price traded almost ruler flat through most of Far East trading on their Thursday, but began to show signs of life about 1:45 p.m. Hong Kong time.  That ‘rally’ lasted until ten minutes after the COMEX open—and then gold rallied sharply before getting cut off at the knees around 10:30 a.m. in New York.  It crawled higher from there, but got sold down once

KWN WEALTH

ENERGY (MSM)

July 31, 2015 ENERGY (MSM)

Imperial Oil's profit misses as crude prices plunge

(Reuters) – Imperial Oil Ltd , Canada’s No.2 integrated oil producer and refiner, reported a lower-than-expected quarterly profit, hurt by the slump in crude prices. Global oil prices have nearly halved in the past year, hurting oil and gas companies and forcing them to cut expenditure and jobs. Imperial, majority owned by Exxon Mobil Corp , said on Friday that its capital expenditure fell about 41 percent to C$819 million

July 31, 2015 ENERGY (MSM)

US stocks mixed after ExxonMobil, Chevron profits dive

US stocks traded mixed Friday after ExxonMobil and Chevron profits slumped on falling crude oil prices, dragging down the Dow, as investors digested a slew of corporate earnings reports. About 50 minutes into trade, the Dow Jones Industrial Average was down 26.36 points (0.15 percent) at 17,719.62. The broad-market S&P 500 was flat (0.00 percent) at 2,108.63, while the tech-rich Nasdaq Composite Index gained 6.60 (0.13 percent) at 5,135.39.

July 31, 2015 ENERGY (MSM)

Tumbling oil prices slam profit at Exxon Mobil, Chevron

Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp , compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. Earnings at Exxon and Chevron, two of the world’s largest oil producers, also missed analysts’ expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in

July 31, 2015 ENERGY (MSM)

Dow, S&P dragged down by poor earnings from Exxon, Chevron

Exxon Mobil shares fell 4 percent to $79.52 while Chevron was down 4.2 percent at $89.06 after quarterly profits slumped on falling oil prices. Amgen rose 4.7 percent to $179.64 after the world’s largest biotechnology company reported higher-than-expected second-quarter results. Wall Street opened higher after an historically weak reading of U.S wage growth lent weight to the view that the Fed could delay a rate increase.

July 31, 2015 ENERGY (MSM)

Chevron profit tumbles 90 percent, misses estimates; shares drop

Second-quarter profit at oil producer Chevron Corp tumbled 90 percent, missing analysts’ expectations, amid weakness in oil prices . Chief Executive John Watson bluntly said the results were “weak” and that he was working to slash costs by renegotiating supply contracts. Chevron earned a net income of $571 million, or 30 cents a share, compared with $5.67 billion, or $2.98 per share, a year earlier.

KING WORLD NEWS