Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that this global collapse will be one for the history books
Here is a look at gold’s big move, plus what is happening with housing and consumer spending.
As we kickoff another trading week starting overseas, gold has now broken above its downtrend line, plus a look at silver’s explosive chart.
With the first two weeks of trading in October behind us, the price of gold has soared in all world currencies in 2023. Here is a look at some other surprises in the gold market.
With the price of gold surging $55, below is a look at who predicted $15,000 gold, $370 silver and $300 oil. Plus a fascinating email regarding inflation, and Japan’s road to hyperinflation.
As China’s economy continues to struggle along with the entire global economy, China’s wealthy are desperately smuggling cash out of the mainland.
With the metals continuing to rally after the recent shenanigans in the paper market, silver is now looking fantastic! Plus $65-$70 for a steak?
We just had something hit a new all-time high, but this is not good news.
The world financial system is in a death spiral, but when all else fails…
We have just witnessed a beautiful gold reversal, plus a look at the most important chart.
Things are tough all over but now it appears it’s getting really bad out there.
With continued volatility in global markets, at all costs remain focused on the big picture.
Today legend Art Cashin warned markets are ultra complicated after the attack on Israel.
Investors across the globe need to buckle up as the world is now hurtling toward the inflationary endgame.
As we end the first week of trading in what has already been a volatile October, one thing is certain — the crisis the today is far worse than what the world faced in the 1970s.
As we come to the end of another wild week of trading in October, here is a look at gold, silver, soaring bond yields and the Great Collateral Squeeze.
As we continue to kickoff trading in the month of October, look at what just hit the highest level in history! Plus a look at gold, fear & greed and inflation.
If anyone is looking for it, here are more signs the economy is tanking.
As King World News continues to focus on the big picture during this period of ongoing volatility in the gold and silver markets, if you are worried about the action in the precious metals, take a look at this…
As we continue trading in what may very well be an October to remember, the situation today is “many multiples more catastrophic” than the collapse that shocked the world in 2008.
NEW YORK (TheStreet) — After trading virtually flat for all of Far East, most of London trading—and early trading in New York, the gold price got hit at 11:00 a.m. EST on the dot just as London closed for the day. The low tick came thirty minutes later—and then at precisely 2 p.m. EST, the gold price rocketed 12 bucks higher in just minutes, which was probably a result of
[Globe Newswire Europe] – NEWS RELEASE Coeur Reports Fourth Quarter and Full-Year 2014 Results Wharf Acquisition Expected to Close February 20, Six Weeks Earlier than Expected Chicago, Illinois – February 18, 2015 …
[GlobeNewswire] – CHICAGO — Coeur Mining, Inc. (“Coeur” or the “Company”) announced year-end contained proven and probable mineral reserves of approximately 390.7 million silver equivalent ounces, an …
NEW YORK (TheStreet) — Well, dear reader, you don’t need me to explain what happened in the precious metal market yesterday, as we’ve seen it all before. It’s just “da boyz” and their HFT buddies running the stops for fun, profit and price management purposes. In gold, the price was under some sort of pressure starting around 9 a.m. Hong Kong time—and by 1 p.m. in London, the price was
NEW YORK (TheStreet) — With the U.S. markets closed for President’s Day on Monday, there wasn’t much activity in the precious metal market anywhere on Planet Earth—and the only reason for my column today is the plethora of stories that I’ve been accumulating all weekend. The gold price rallied in fits and starts right from the open of trading at 6:00 p.m. EST on Sunday evening—and the rally ended, as
No evidence can be found that Republican Gov. John Kasich exerted inappropriate influence over the state’s pollution discharge permitting process for coal facilities or over the high-profile departure …
GEORGETOWN, Guyana (AP) — The latest effort to find oil and natural gas in disputed waters off Guyana is showing promise, a representative of Exxon Mobil in the South American country said Thursday.
JOHANNESBURG (Reuters) – U.S. oil firm Chevron has completed a 1 billion rand ($83 million) routine maintenance and safety inspection at its 100,000 barrel per day South African oil refinery in Cape Town, local media reported on Thursday. Chevron, which trades as Caltex in South Africa, shut down its Milnerton refinery from Feb. 13 to March 31 for routine maintenance and safety inspections. …
By Jarrett Renshaw NEW YORK (Reuters) – Americans hit the road in record numbers this winter, reigniting a long debate that may determine whether global oil markets hold steady or tumble anew. Yet many energy economists have long argued that it is economic activity and employment, not prices, that hold the greatest sway over how much gas Americans burn each day.
Iraq’s largest oil refinery is under growing threat from Islamic State jihadists, who have advanced inside the perimeter of the facility, the US military said Wednesday. US warplanes have been carrying out air strikes against the IS group around the Baiji refinery but it was unclear if Iraqi security forces would manage to hold on to the facility north of Baghdad, a Pentagon spokesman said. They do control parts of
A crude oil fire at the U.S. Oil and Refining Co. burned for almost two hours Wednesday, sending plumes of black smoke over the Port of Tacoma, but it didn’t cause any injuries, according to a company …
By Scott Haggett and Nia Williams CALGARY, Alberta (Reuters) – Canadian oil and gas shares tumbled and the country’s main stock index hit a one-month low on Wednesday after the left-wing New Democratic Party surged to power in the oil-rich province of Alberta on promises that included energy industry reforms. “Even now our inboxes are filling with messages expressing something between disbelief and dismay,” analyst Andrew Bradford of Raymond James
TRAVERSE CITY, Mich. (AP) — The U.S. Environmental Protection Agency is proposing guidelines to help state and local officials detect dangerous levels of algal toxins in drinking water.
The Pentagon on Wednesday said Iraq’s fight to secure the country’s largest oil refinery from Islamic State militants was headed in the wrong direction and declined to predict the outcome of ongoing battle. “It’s been a tough, fluid fight,” Pentagon spokesman Colonel Steve Warren told a news briefing, adding that “right now it’s flowing in the wrong direction.” “It could still turn around.
Crews are battling a smokestack fire at the U.S. Oil and Refining Co. that is sending plumes of black smoke across the sky at the Port of Tacoma in Washington state. Flames could be seen shooting out of …