TRIPLE NIGHTMARE: Global Currency, Credit And Bank Crisis Now Being Unleashed
The world is now facing a triple nightmare of global currency, credit and banking crisis being unleashed.
The world is now facing a triple nightmare of global currency, credit and banking crisis being unleashed.
Rampaging inflation has consumers tapped out and personal savings has collapsed.
German PPI is up a staggering 32.7%, but here are more surprises.
On the heels of the recent chaos in global markets, we are now nearing all-time record levels of pessimism.
Fund managers are worried about a 2008-style collapse. Egon von Greyerz also cautioned that damage to the global financial system can no longer be concealed.
Last time this happened gold rallied over $700, plus look at this 30%+ inflation crushing consumers!
Below is one of the most interesting gold and silver reports King World News has ever released. It gives KWN readers around the world a look at what the big money is watching in the gold and silver markets and that includes one of the most extreme readings in history which has taken place in the silver market.
Today one of the greats in the business warned the financial world is facing the first chapter of a global “uh-oh” moment.
Today one of the top money managers in the world told King World News that the West’s desperate takedown in the gold market will fail.
The following is a must read about gold in a world of a surging US dollar, interest rates and inflation.
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 exclusively that at this point in the gold market it is 2008, not 2013!
With the world continuing to hurtle from one crisis to the next, here is a terrifying trip down the currency collapse rabbit hole.
This is the big story again today.
Here is a fascinating look at the soaring US dollar’s impact on major markets including gold.
A huge catalyst for the gold market is commodities. Is the commodities super cycle over or just paused?
There is full-blown panic setting in as the economic collapse is accelerating.
Yes, the gold market is rigged and a chart says a trillion+ words.
Kyle Bass says China’s banks are insolvent, plus serious problems for US consumers as auto bubble bursts.
The man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that we are headed into the final collapse that Ludwig von Mises warned us would take place.
Here is a look at the close ties between the Ukraine War, gold and the New World Order.
[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