This Will Create Major Financial Shockwaves Across The Globe
This will create major financial shockwaves across the globe.
This will create major financial shockwaves across the globe.
Global systemic risks are rising and gold will move to the forefront.
Where did the 258 tonnes of gold go that has left the Bank of England’s vault?
The New World Disorder is escalating, plus a quick note on gold.
We face a repeat of Rome’s decline and fall, but at hyper-driven speed.
It’s deja vu as markets are breaking all over the word.
Egon von Greyerz, founder of Swiss based Matterhorn Asset Management, just warned the next major move down in stocks could happen within the next few weeks. Plus a look at inflation.
Mining stocks soared 189% in just 5 months last time this happened, plus a look at a US dollar surprise.
The rout in the mining stocks is continuing today with the HUI Gold Mining Index plunging another 6.25%. At this point the rout has become one for the history books in terms of the carnage as panic selling hits extreme levels.
Today one of the greats in the business warned King World News that more inflation and QE will be launched by bankrupt West.
This global collapse will be far worse than the wipeout that took place in 2008-09.
Even thought the first half of the year has been very frustrating for holders of precious metals, the second half of 2022 could turn out to be spectacular for gold and silver.
It’s too late to save the financial system and a full-blown panic is coming.
The mighty fall of the consumer is leading a much bigger collapse.
QT is deal on arrival as Russian war accelerates collapse in the West.
Here is a look at how to be prepared in a world that is increasingly on the edge.
The top trends forecaster says this top trend is now engulfing the entire world.
The global economy is deteriorating at a frightening pace.
Today one of the greats in the business shared with King World News some remarkable charts that show the US consumer is broke but there is a bigger disaster unfolding.
Stephanie says Fed has to cut interest rates aggressively right now in order to avoid economic disaster. Plus look at these twin collapses. Fed Has To Cut Rates Aggressively June 27 (King World News) – Stephanie Pomboy: Either reading comprehension is a major problem in this country or that somehow wasn’t clear enough. So let me try again. The only way for the Fed to avoid the complete deflation of the bubble
[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
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 …