Up To $600 Trillion May Vanish In The Great Unwind
Up to $600 trillion may vanish in the Great Unwind.
Up to $600 trillion may vanish in the Great Unwind.
Dominos will continue to fall, plus look at what just collapsed to lowest level in 32 years.
New World Disorder is unfolding as Europe fractures due to skyrocketing energy costs.
Today legend Art Cashin warned central bankers are worried about systemic risk as global liquidity dries up. Egon von Greyerz warned systemic risk will become systemic implosion.
This only happened in the gold market two other times, plus look at these famous magazine covers.
Today one of the greats in the business quoted Jesse Livermore’s famous “be right and sit tight,” warning gold may anticipate a historic Fed pivot.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that we may see Dow 3,500 and $35,000 gold.
Billionaire Pierre Lassonde told King World News that the price of gold is headed back to $2,000.
We have a major banking crisis unfolding involving as many as 6 Globally Systemic Important Banks.
It has been a dramatic week for gold and silver as the uncertainty over the crisis in Europe continues.
Stocks and housing prices need to collapse another 40% just to get back to the median.
Expect more massive market turmoil as things are breaking but gold is about to shine again.
Egon von Greyerz warned about the grim choice central planners now face, systemic collapse or currency collapse. Plus a major update on the real estate market.
Here is a look at gold’s fake breakdown and “Super-Intelligent” AI.
Today legend Pierre Lassonde told King World News that we just saw a major bottom in the gold market.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, former Chairman of the World Gold Council and former Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.
Here is a jaw-dropping $370 price target for silver, plus fear is good.
The last time this happened silver surged 400%. Plus 15th emergency Fed meeting this year.
Here is a look at the ultimate gold buy signal as US savings continue to collapse.
Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, told King World News that the emergency Bank of England intervention reminded her of when the financial crisis hit the United States.
There is no question that the financial crisis is upon us.
[Accesswire] – FT LAUDERDALE, FL / ACCESSWIRE / September 8, 2015 / Santo Mining Corporation (PINKSHEETS: SANP), (the “Company”), has redomiciled from the State of Nevada to the State of Florida. This redomicile …
[Marketwired] – Comstock Mining Inc. , a producing, Nevada-based gold and silver mining company with extensive, contiguous property in the historic, world-class Comstock Lode District, today announced that…
[PR Newswire] – TORONTO, Sept. 8, 2015 /PRNewswire/ – AuRico Metals Inc. (AMI.TO), (“AuRico” or the “Company”) is pleased to announce the acquisition of Mineral Streams Inc. (“Mineral Streams”), a private company owning a 0.25% NSR royalty on the Williams mine at Barrick Gold Corporation’s (“Barrick”) Hemlo complex, a 0.5% NSR royalty on Wesdome Gold Mines Ltd.’s (“Wesdome”) Eagle River mine, and a 1.5% NSR royalty on Barrick’s David Bell
[CNW Group] – AuRico Metals Announces Acquisition of Royalties on Hemlo and Eagle River Mines
[Marketwired] – Central GoldTrust today responded to the press release issued by Sprott Asset Management LP and Sprott Physical Gold Trust on September 3, 2015, in which Sprott continues to make misleading statements …
[PR Newswire] – VANCOUVER, Sept. 4, 2015 /PRNewswire/ – GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its ninth monthly dividend payment for 2015 of $0.02 per share. Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive “eligible dividends” in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent
[CNW Group] – Goldcorp declares ninth monthly dividend payment for 2015
NEW YORK (TheStreet) — The gold rally that began in Far East trading on their Thursday morning got capped at, or shortly after, the London a.m. gold fix—and then once the COMEX opened, that was that. By the close of London trading at 11 a.m. EST, the not-for-profit sellers had the gold price back in the box—and from there it chopped quietly sideways into 5:15 p.m. close of electronic trading.
[Marketwired] – Great Panther Silver Limited and Cangold Limited are pleased to announce that they have entered into a binding letter agreement dated February 25,…
[Marketwired] – GREAT PANTHER SILVER LIMITED and Cangold Limited are pleased to announce that they have entered into a binding letter agreement dated February 25, 2015 pursuant to which Great Panther will, subject to …
NEW YORK (TheStreet) — As I noted in The Wrap section of yesterday’s column, there was a decent rally in gold in early Far East trading on their Wednesday. But that all ended/got capped around 3 p.m. Hong Kong time—and an hour before the London open. It was all quietly down hill for the remainder of the day, with the New York low coming shortly before the 1:30 pm. EST
NEW YORK (TheStreet) — It was a volatile trading session for gold yesterday, but it all happened within a very tight price range—and appeared to center around the $1,200 price mark. The high tick came at exactly 9 a.m. Hong Kong time on their Tuesday morning—and the low tick came at the London afternoon gold fix—and the subsequent rally got hammered flat during the next two hours of trading. Then,
NEW YORK (TheStreet) — Not surprisingly, the gold price didn’t do too much in Far East trading on their Monday, but that all changed the moment that London opened—and about an hour later the gold price had printed its low tick of the day. The subsequent rally lasted until a few minutes after 10:30 a.m. EST, before running into the usual sellers, who sold it down to just under unchanged
[Marketwired] – GREAT PANTHER SILVER LIMITED announces an updated Mineral Resource Estimate at the San Ignacio Mine, part of the Company’s wholly-owned Guanajuato Mine Complex in Guanajuato, Mexico.
[PR Newswire] – New York – AG Toronto – FR Frankfurt – FMV Mexico – AG VANCOUVER, Feb. 23, 2015 /PRNewswire/ – FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the “Company” or “First Majestic”) is …
[CNW Group] – First Majestic Announces Financial Results for Q4 and Year End 2014
[GlobeNewswire] – CHICAGO — Coeur Mining, Inc.’s (“Coeur” or the “Company”) President, Chief Executive Officer, and Director, Mitchell J. Krebs, will present at the BMO Capital Markets Global Metals …
JUBA (Reuters) – South Sudan’s rebels captured a refinery near a key oilfield in Upper Nile State, where fighting has flared up in recent days, their spokesman said on Tuesday. The rebel group SPLM/SPLA also told all oil companies operating in Upper Nile state they should shut down and evacuate their staff immediately because of ongoing clashes with government soldiers, spokesman James Gatdet Dak said in a statement. …
A Japanese court upheld an injunction banning the restart of two nuclear reactors, a report said Tuesday, in a blow to the government’s ambitions to return to atomic power generation. Fukui District Court in central Japan dismissed Kansai Electric Power’s motion for a stay on an earlier decision to temporarily bar the restart of the No. 3 and No. 4 reactors at plant in Takahama, Kyodo News said. The decision
CAMARILLO, Calif. (AP) — The average national price of a regular gallon of gasoline has jumped 22 cents in the past three weeks to $2.80.
The company behind a high-profile green-energy technology community in Abu Dhabi says a fire has broken out on the site for the second time in a week. Government-backed Masdar said in a statement Sunday …
By John Tilak, Euan Rocha and Scott Haggett TORONTO/CALGARY (Reuters) – Imperial Oil , Canada’s No. 2 integrated oil producer and refiner, is moving forward on plans to sell some 500 of its remaining company-owned Esso retail sites and has begun to accept proposals from interested bidders, according to four sources familiar with the process. In January Imperial, majority-owned by Exxon Mobil , said it was evaluating selling its remaining
EAST LIVERPOOL, Ohio (AP) — A hazardous-waste incinerator in Ohio released dangerous toxins into the air over the past four years, exposing those nearby to chemicals that can cause cancer, miscarriages and early death, according to the Environmental Protection Agency.
By Nichola Groom and Richard Valdmanis LOS ANGELES/BOSTON (Reuters) – When Debbie Dooley, a Tea Party firebrand from Woodstock Georgia, makes the case for solar power, she doesn’t rely on the usual environmental talking points. Former Republican Congressman Barry Goldwater, Jr. casts his support for solar energy as a conservative stance against monopoly power utilities that “want to limit energy choice.” Dooley and Goldwater, along with the right-leaning pro-solar groups
President Barack Obama called US oil production an “important” source of energy as America transitions towards cleaner resources, defending his move to allow petroleum giant Shell to drill in the Alaskan Arctic. Obama’s administration gave the petroleum giant a green light three days ago to explore the Chukchi Sea near Alaska — as long as the Anglo-Dutch firm has the correct permits from the agencies that regulate the environment and
WASHINGTON (AP) — House Republicans on Tuesday voted to block government rules that would clarify which streams, tributaries and wetlands should be protected from pollution and development under the Clean Water Act.
The developer of a wind power project proposed for a southern Vermont forest is seeking permission to connect turbines to a regional power grid, three years after announcing plans to explore the possibility. …