After calling the major bottom of the gold, silver and mining share markets, King World News is now telling its global readers to ignore the gold and silver volatility because the whole sector is ready to skyrocket.
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On the heels of the price of December gold futures trading down $30 to $2,016, here is the setup.
Today James Turk spoke with King World News about why it is so important that the price of gold has traded above the $2,000 level for 10 straight days.
Sprott says central banks are maintaining a torrid pace when it comes to gold buying, propelling gold prices to a new all-time high before backing off.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that an emotional 24 hours of trading ushered in a $100 trading range in the gold market.
King World News repeatedly reported in recent weeks that the price of gold was headed to a new all-time high. Well, the price of gold soared in overseas trading, hitting $2,152 at one point. The buying was so intense in the gold market and the upside action so violent that it required the Fed’s massive trading room to intervene before the price would back off. The price of gold, however, continues to trade above the previous all-time high. Look at what is happening, but first, a quick note from Michael Oliver.
On the heels of gold surging to all-time highs hitting $2,138 at one point, it appears that hope everything is okay with the global economy and banking system is beginning to die. But the rise to the upside for the gold market is just beginning.
Today the spot price of gold hit an all-time high as the price of silver continued to surge along with the mining stocks.
After gold ended at the highest monthly closing price in history in November, the price of gold is now only $7 from making a new all-time high.
Russia is going to preside over the BRICS starting in January and will push for a gold-backed currency that will be a global game-changer.
Two important collapses are taking place as the price of silver continues to surge and gold threatens its all-time high.
King World News readers around the world need to purchase physical silver before the public starts stampeding into the market to buy sending the price hundreds of dollars higher.
Today the top trends forecaster in the world predicted that as investors across the globe continue to dump dollars, the price of gold will soar.
Today 53 year market veteran James Turk told King World News these are the key levels to watch for gold and silver as they blastoff and begin their journey to all-time highs.
On the heels of the recent historic despair that engulfed the gold, silver, and mining share markets, look at what is unfolding.
Today 50 year market veteran James Turk told King World News that the recent surge in gold and silver has them ready to blastoff to the upside. This upside blast will include the mining shares.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the death of the global financial system is at hand.
[Marketwired] – Manitoba’s Flin Flon Greenstone Belt has yielded VMS discoveries resulting in dozens of mines. Callinex Mines has been a big part of that success for almost a century and believes it has the properties …
[Marketwired] – Gilla, Inc. , a designer, marketer and manufacturer of E-liquids for vaporizers and related accessories, has been invited to present at the 2015 Liolios Gateway Conference being held on September 9-10, …
[Business Wire] – Contango ORE, Inc. announced today that its joint venture, Peak Gold, LLC had approved Phase II of the 2015 drilling program to begin immediately at its Tetlin Gold Project near Tok, Alaska.
NEW YORK (TheStreet) — It was another nothing sort of a day in gold. It rallied a bit once the noon London silver fix was done, but that was capped—and the price was sold down to its low, a hair below $1,200 spot, shortly after 2:30 p.m. EST. After that it rallied quietly into the close. The high and low ticks were reported by the CME Group as $1,215.30 and
[GlobeNewswire] – CHICAGO — Coeur Mining, Inc. (“Coeur” or the “Company”) announced the completion of its acquisition of the Wharf gold mine from Goldcorp, Inc. pursuant to the previously announced …
[GlobeNewswire] – SPOKANE, Wash. — Mines Management, Inc. (the “Company”) (NYSE-MARKET:MGN) , owner of the large Montanore Silver-Copper Project, is pleased to announce its participation in the upcoming 27th …
[Globe Newswire Europe] – Spokane, Washington, February 20, 2015 – Mines Management, Inc. (the “Company”) (NYSE-MARKET: MGN, TSX: MGT), owner of the large Montanore Silver-Copper Project, is pleased to announce its participation …
[GlobeNewswire] – SPOKANE, Wash. — Mines Management, Inc. (the “Company”) (NYSE-MARKET: MGN, TSX: MGT), owner of the large Montanore Silver-Copper Project, is pleased to announce its participation in the upcoming …
[Business Wire] – Hecla Mining Company’s President and CEO, Phillips S. Baker, Jr., will present at the BMO Capital Markets Annual Global Metals & Mining Conference in Hollywood, Florida, on Wednesday, February 25, 2015, at 8:00 a.m.
NEW YORK (TheStreet) — The gold price wandered higher in Far East and early London trading on their Thursday, with the high tick coming about 12:30 p.m. GMT in London. It was all down hill from there into the low, which came shortly before 4 p.m. EST in electronic trading. After that, the price didn’t do much. The high and low ticks were recorded by the CME Group as $1,222.90
NEW YORK (TheStreet) — The gold price wandered higher in Far East and early London trading on their Thursday, with the high tick coming about 12:30 p.m. GMT in London. It was all down hill from there into the low, which came shortly before 4 p.m. EST in electronic trading. After that, the price didn’t do much. The high and low ticks were recorded by the CME Group as $1,222.90
[PR Newswire] – VANCOUVER, Feb. 19, 2015 /PRNewswire/ – Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) (“Silver Standard”) reports consolidated financial results for the fourth quarter and year ended …
[CNW Group] – Silver Standard reports fourth quarter and year-end 2014 results
WASHINGTON (AP) — House Republicans are moving to block government rules that would clarify which streams, tributaries and wetlands should be protected from development and pollution under the Clean Water Act.
Activists have launched a campaign urging Hollywood heartthrob Brad Pitt not to make a movie based on what they call a biased account of Ecuador’s battle with oil giant Chevron over environmental damage in the Amazon. The campaign was launched after Pitt’s production company, Plan B, bought the rights to a book called “Law of the Jungle” that chronicles the legal battle by the indigenous people of Ecuador’s Lago Agrio
NEW YORK (AP) — Drivers who have seen a steady rise in the price of gasoline can relax: They will almost certainly be paying far less for gas this summer than they have in at least six years.
By Krishna N. Das NEW DELHI (Reuters) – German development bank KFW could lend India $1.1 billion for rooftop solar projects, on top of another loan it has extended to help the Asian country fund its ambitious green energy plans, India’s top renewable energy bureaucrat told Reuters. Prime Minister Narendra Modi wants to quintuple India’s renewable energy capacity to 175 gigawatts by 2022, making clean energy part of his fight
Kuwait has requested arbitration in a dispute with Saudi Arabia over shared oil production from the neutral zone between the Gulf neighbours which has completely halted, a newspaper reported Tuesday. It said that Kuwait has now requested international arbitration but that the terms of the treaty stipulate that can only happen with Saudi Arabia’s agreement. The dispute has seen production from the zone completely halted in a blow to Kuwait,
WASHINGTON (AP) — Government rules to clarify which streams, tributaries and wetlands should be protected from development and pollution are fueling political anger in the country’s heartland.
Gov. Chris Christie vetoed a bill Monday that would have required New Jersey to put the majority of its money from a much-criticized proposed pollution settlement with Exxon Mobil Corp. toward environmental …
The U.S. stock market took a small step back on Monday, giving up some of its big gains from last week. Crude oil prices fell, pulling down energy stocks. Exxon Mobil lost 1.7 percent, the most in the …
On a per-share basis, the Newport Beach, California-based company said it had a loss of 34 cents. Losses, adjusted for one-time gains and costs, came to 32 cents per share. The results missed Wall Street …
Saudi Arabia and Kuwait decided to shut the second oilfield in the neutral zone, effectively halting output in the area which produced 500,000 barrels of oil, an official said Monday. “A decision has been taken today to shut operations at Wafra oilfield… for two weeks for periodical maintenance,” head of the trade union of Kuwait Gulf Oil Co. (KGOC) Fadghoush al-Ajmi told AFP. KGOC and Saudi Arabian Chevron jointly run
