Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, shared with King World News his thoughts on whether the gold mining stocks will have a significant correction here or not.
Look at what is set to surge a staggering 1250% in the gold and silver sector.
Here is a stunning chart of the housing bubble, plus weak economy has less people renting U-Hauls.
Historic breakouts have unleashed gold and silver. Take a look…
This is what happens when the elites are on the wrong side of the trade, heavily short gold and silver while those markets have traded against them, they simply change the rules.
When it comes to the gold market 2024 has been a wild year. For example, COMEX gold swaps are now all-time record short the gold market. How this will resolve could be one for the history books if the swaps massive bearish bet goes against them and they are squeezed.
This just collapsed to the lowest level in 23 years. Plus a look at more “transitory”inflation.
Silver is now consolidating massive gains, but take a look at this…
Fear continues to mount that the US is on the verge of a major financial crisis.
What is happening with gold and silver is truly remarkable. A Golden Year For Gold: Central Banks Continue Stockpiling May 29 (King World News) – Gerald Celente: Gold’s price has rocketed up 33 percent since 2023 began, recently topping $2,450 an ounce last week. The surge in demand has not come from individual retail investors; gold-focused exchange-traded funds have seen net outflows of investment over the past three years. The big
Will this make investors a fortune in the gold market?
Gold is back above $2,350 and silver is surging $1.63 near recent highs, but here is the big surprise.
Look at what happens to the price of gold when the stock markets collapse.
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 ultra-wealthy are now buying physical gold. This is what happens in phase III of a bull market.
Today Alasdair Macleod told King World News that the silver shorts, which have massive exposure, are now trapped and getting to a point of desperation.
With gold and silver continuing to consolidate, take a look at what is happening behind the scenes.
Gold fever is sweeping China, plus another inflation wave is about to hit.
During times of volatility it is always important to take a step back and focus on the big picture, and the big picture for gold, silver and commodities is extremely bullish.
Look at what is happening with silver and Canadian junior exploration companies as another inflation wave is about to hit.
We are now clearly on the path to a gold and silver mania and a stock market crash. Take a look…
[CNW Group] – First Majestic Renews Share Repurchase Program
[Marketwired] – Fortuna Silver Mines, Inc. is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2014 for the Caylloma Mine located in Arequipa, Peru and for the San Jose Mine …
NEW YORK (TheStreet) — The gold price had a positive price bias during the Far East trading session—and that lasted until the price got to the $1,175 spot price mark—and then it traded sideways until the 8:20 a.m. EST COMEX open—and that was that. There was a bit of a bump at the London p.m. gold fix—and the low tick came at 4:15 p.m. in electronic trading. The high and
[GlobeNewswire] – CHICAGO — Coeur Mining, Inc.’s (“Coeur” or the “Company”) President, Chief Executive Officer, and Director, Mitchell J. Krebs, will present at the ROTH Conference in Dana Point, California …
NEW YORK (TheStreet) — After a little bump up at the 6 p.m. open on Thursday evening in New York, the gold price chopped sideways in Far East trading on their Friday morning before developing a negative bias starting around 1:30 p.m. Hong Kong time. There was a bit of rally once the a.m. London gold fix was in at 10:30 GMT—and from there it traded flat until JPMorgan’s HFT
NEW YORK (TheStreet) — It was another day where gold rallied in Far East trading until 1 p.m. Hong Kong time—and then then the not-for-profit sellers showed up, with an interim low coming at the 10:30 a.m. GMT morning gold fix in London. It rallied a bit from there—and really took off to the upside the moment the London p.m. gold fix was done for the day. That rally got
NEW YORK (TheStreet) — It was a nothing sort of day in the gold market on Wednesday. The high, such as it was, came shortly after 2 p.m. in Hong Kong trading—and then it was a long, slow slide during the London and New York trading session. The gold price dipped under the $1,200 spot mark on a couple of occasions, but managed to close above it, but only by
[PR Newswire] – TSX: GPR NYSE MKT: GPL VANCOUVER, March 4, 2015 /PRNewswire/ – GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL; “Great Panther”; the “Company”) today reported financial results …
By Anna Driver HOUSTON (Reuters) – Shareholders of the top two U.S. oil companies on Wednesday rejected proposals to add directors with climate change expertise to their boards, but a measure passed at one, Chevron Corp, could give new power to minority investors with environmental concerns. Proposals to add an independent director with expertise in climate change received the support of about 20 percent of shareholders at each company, according
Shareholders are considering whether Exxon Mobil should put a climate-change expert on its board. That is one of several environmental and company-governance resolutions on the agenda at the oil giant’s …
The Obama administration issued new rules Wednesday to protect the nation’s drinking water and clarify which smaller streams, tributaries and wetlands are covered by anti-pollution and development provisions …
Nearly 7,000 people in Canada’s Alberta province have been evacuated from the path of wildfires which threaten to ravage homes and businesses, including oil refineries in the region, officials said Tuesday. More than 1,600 firefighters are battling the 70 wildfires, 55 of which were sparked by lightning on Sunday. Fire has creeped to within 20 kilometers of homes or oil facilities, Alberta Forestry Minister Oneil Carlier said during a telephone
Absolutely, says the U.S. Department of Energy in a new report that details the benefits of replacing fossil fuel power plants with millions of wind turbines generating carbon-free electricity. Fossil fuel power plants consume huge amounts of water for cooling. If wind supplied a third of the nation’s electricity by 2050, it would save an estimated 260 billion gallons of water a year.
Iran will raise gasoline prices by some 40 percent beginning Tuesday, the country’s official news agency reported, the latest cut to the Islamic Republic’s fuel subsidies that cost it some $32 billion …
WASHINGTON (AP) — U.S. defense officials say Iran has entered the fight to retake a major Iraqi oil refinery from Islamic State militants.
French oil major Total is hosting a meeting of the world’s biggest oil companies over the sector’s action plan ahead of U.N. climate talks in Paris at the end of the year. Officials from Royal Dutch Shell, Saudi Aramco, Norway’s Statoil, BG Group and Italy’s Eni are in Paris to “work on an initiative” highlighting the oil & gas sector’s position in the global debate on climate change, several company
TOKYO (AP) — Prime Minister Shinzo Abe’s offer of $110 billion in fresh infrastructure financing for Asia is as much about Japan’s agenda for selling its clean coal know-how and other technologies as it is about keeping up with China.
UNITED NATIONS (AP) — A new report calls for investment in clean energy to be tripled to $1.2 trillion annually through 2030 to give more than one billion people worldwide access to electricity and help prevent global warming.