The Dow plunged 800 points today and the price of gold surged. Here is why…
With the Dow tumbling more than 600, Art Cashin just highlighted what could be a huge problem. There is also a note on gold and silver.
With the price of gold surging above $1,230 and silver trading higher as well, today James Turk told King World News that this is the start of something big in the silver market. Turk also discussed the collapse in open interest in the gold market.
Legend Pierre Lassonde Responds To Yesterday’s KWN Article About The Collapse In Open Interest In The Gold Market
December 3 (King World News) – Today legend Pierre Lassonde sent the following communication to King World News in response to the KWN article that was released on Sunday discussing the unprecedented collapse in open interest in the gold market
As we get ready to kickoff trading in the final month of 2018, what is happening in the gold market is unprecedented.
Today Bill Fleckenstein told King World News that the big move in the gold market is coming.
As the war in gold and silver rages, commercial hedgers continue making moves in the gold and silver markets.
Michael Oliver just warned that “events are now beyond the central banks’ month-to-month tampering.”
Even after the U.S. stock market staged a big rally, this may spell big trouble for the United States.
A day after the massive rally in stocks following Powell’s comments, here is the big problem as the global economy rolls over.
On the heels of the Dow surging over 600 and the US dollar tumbling on comments from Fed Chairman, Powell, one of the greats in the business warned that the Fed just blinked.
What a difference a day makes as Powell speech ignites gold market and stocks.
MAJOR WARNING: We haven’t seen this since the 2002 and 2008 bear market bottoms.
On the heels of yesterday’s rout in stocks, one pro just warned, “There is a lot of collateral damage.”
As the war in gold and silver rages, commercial hedgers are making moves in the gold and silver markets.
Here is the reason for today’s big rally in stocks, plus an important note on gold.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies just warned King World News that another bank won’t let a client take his money out.
Today one of the top money managers in the world said gold is headed above $10,000 and a big surprise is coming.
One Of The Greats In The Business Just Flashed This Major Alert On Gold And Warned 2019 Is Going To Be A Wild Year For Financial Markets
As global markets near the end of another wild trading week, one of the greats in the business just flashed the major alert on gold and warned 2019 is going to be a wild year for financial markets.
On the heels of some wild trading in global markets, Happy Thanksgiving to all KWN readers around the world, plus an important message about gold and what to expect next in major markets.
[PR Newswire] – LAKEWOOD, Colo., Sept. 2, 2015 /PRNewswire/ — Pershing Gold Corporation (PGLC), (7PG1.BE) (“Pershing Gold” or the “Company”) announces that Mine Development Associates (“MDA”) of Reno, Nevada has completed an updated Canadian National Instrument 43-101 Technical Report for Pershing Gold’s Relief Canyon Mine in Pershing County, Nevada. The MDA Technical Report discusses in detail the resource estimate, previously announced in July 2015, based on the results from drilling
[CNW Group] – Pershing Gold Announces Completion of Updated 43-101 Technical Report for the Relief Canyon Mine
[Marketwired] – Primero Mining Corp. announces the resignation of Mr. Rohan Hazelton from its Board of Directors. Mr. Hazelton has served on Primero’s Board of Directors since August 2010, upon the acquisition of…
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 …