Today gold had a big upside breakout and the next target is the $2,035-$2,070 level then higher, plus look at what crashed to the lowest level in history.
Look at the surprise that is leading the gold and silver markets higher.
As the world moves from one crisis to another, one thing is certain, the financial doomsday clock is close to midnight.
As the world lurches through the 4th turning, we are heading toward $35,000 gold, but gold’s initial surge will be a wakeup call.
People need to buckle up and get prepared because we are on the cusp of the greatest crisis in the history of the world.
It appears that a staggering 28% of gold supplied to the LBMA has now been cutoff. Get ready for a massive short squeeze in the gold market.
With the price of gold trading near the $1,950 level, it appears Russia may be engineering a short squeeze in the gold market as part of the ongoing financial war with the West.
Leaders are openly discussing a “New World Order” as the global financial war paves the way for a new world currency.
Today Sprott warned “changes are coming” as gold has seen game-changing long-term shifts in the past 30 days.
Things are tough all over as inflation is rampaging.
The European Producer Price Index is now a mind-blowing 31.4% but here is the systemic Achilles Heel.
When this collective delusion of a “Volcker 1979 Playbook” shatter it will be spectacular.
China and Russia own 30,000+ tonnes of gold as Western official gold holdings are a mirage, plus look at what is on a tear!
Yes we could see $20,000 gold and $740 silver, but look at this shocker.
We just witnessed the mother of all gold bull breakouts as the world’s #1 gold producing company has 34 year breakout!
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 US dollar will cease to exist as the world will see terrifying hyperinflation followed by a deflationary depression.
It appears that Russia may already hold a massive 12,000 tonnes of gold, a much larger gold hoard than the United States. That may explain the strength of the Russian ruble which has shocked Western leaders and market watchers.
Today Tavi Costa told King World news that we may see the price of gold hit $10,000 an ounce but silver’s parabolic rise will be even more exciting.
The big picture for gold has turned mega bullish, despite volatility as a shocking game-changer took place in the gold market this week.
Mining stocks set to skyrocket when stock market collapses as mining leaders see bullish 26 year breakout.
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