On the heels of the Dow soaring to the 21,000 level, today a legendary short seller warned “We are in Fantasyland” as stocks soar and gold, silver and the miners are smashed.
With stocks soaring, here is what is really exacerbating causing today’s gold and silver plunge.
About the action today in the gold market, China, and Europe…
With global stock markets surging on the heels of the French election, today John Embry told King World News that the gold and silver takedown is running into major resistance as the precious metals markets ready for a major move.
As we get ready to kickoff what promises to be a wild week of trading, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News it’s all “illusions and lies” and warned the supernova debt bubble is about to trigger the death knell of the global financial system.
On the heels of wild few weeks that included a missile attack against Syria and major posturing against North Korea, here is why moves in the gold and oil markets are going to shock the world.
As the Dow managed to close out the week near the 20,550 level, today the top trends forecaster in the world spoke with King World News about the incredible desperation he saw on his travels in the United States.
On the heels of gold and silver continuing to consolidate gains, the war in the gold and silver markets continues as the commercial shorts in the silver market just hit a new all-time record!
As we approach the end of the third week of trading in April, in what has been a choppy environment in the gold and silver markets, a legend in the business that is connected in China at the highest levels just predicted a massive short squeeze in the gold market.
On the heels of a rally in stocks, Doug Kass just issued this dire warning.
With everyone wondering what the next move will be by global central banks, “QT” is what is going to move world markets in the future and you heard it here first.
With so many mounting global worries, what just took place in stocks has rarely happened in the past 117 years.
As the Dow continued to decline in the early stages of the second quarter of the 2017 trading year, today King World News spoke with the man who advises the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world and he warned investors to brace for global market shock.
On the heels of a second raid in the paper gold market with the dumping of yet another reckless $3 billion in paper gold, today King World News is pleased to present an important update on the war in the gold market from Michael Oliver at MSA. Oliver allowed KWN exclusively to share this key report with our global audience.
With chaos engulfing the world, today former Assistant U.S. Treasury Secretary, Dr. Paul Craig Roberts, gives KWN readers around the world a look at the destruction of America’s once majestic paradise.
With the U.S. dollar tumbling along with stocks as the gold market continued to surge, John Embry told King World News that the $3 billion paper gold selling scam backfired today as the U.S. economic collapse picks up steam.
As markets open for trading across the world after a long 4-day weekend, here is an incredibly important look at what both the bears and the bulls need to be aware of.
As the Dow rallies and the dollar continues to wobble, here is a look at gold, silver and the US dollar.
As people in the United States and around the world celebrate Easter, today the man who has become legendary for his predictions on QE, historic moves in currencies, warned King World News that the world is now entering the most dangerous and terrifying period in over 70 years.
On the heels of wild couple of weeks that included a missile attack against Syria and major posturing against North Korea, here is the really big shocker with the world now on the edge of destruction.
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 …