James Turk – The Surprise Leading The Gold & Silver Markets Higher, Mining Stocks Ready To Fly
Look at the surprise that is leading the gold and silver markets higher.
Look at the surprise that is leading the gold and silver markets higher.
As the world moves from one crisis to another, one thing is certain, the financial doomsday clock is close to midnight.
As the world lurches through the 4th turning, we are heading toward $35,000 gold, but gold’s initial surge will be a wakeup call.
People need to buckle up and get prepared because we are on the cusp of the greatest crisis in the history of the world.
It appears that a staggering 28% of gold supplied to the LBMA has now been cutoff. Get ready for a massive short squeeze in the gold market.
With the price of gold trading near the $1,950 level, it appears Russia may be engineering a short squeeze in the gold market as part of the ongoing financial war with the West.
Leaders are openly discussing a “New World Order” as the global financial war paves the way for a new world currency.
Today Sprott warned “changes are coming” as gold has seen game-changing long-term shifts in the past 30 days.
Things are tough all over as inflation is rampaging.
The European Producer Price Index is now a mind-blowing 31.4% but here is the systemic Achilles Heel.
When this collective delusion of a “Volcker 1979 Playbook” shatter it will be spectacular.
China and Russia own 30,000+ tonnes of gold as Western official gold holdings are a mirage, plus look at what is on a tear!
Yes we could see $20,000 gold and $740 silver, but look at this shocker.
We just witnessed the mother of all gold bull breakouts as the world’s #1 gold producing company has 34 year breakout!
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the US dollar will cease to exist as the world will see terrifying hyperinflation followed by a deflationary depression.
It appears that Russia may already hold a massive 12,000 tonnes of gold, a much larger gold hoard than the United States. That may explain the strength of the Russian ruble which has shocked Western leaders and market watchers.
Today Tavi Costa told King World news that we may see the price of gold hit $10,000 an ounce but silver’s parabolic rise will be even more exciting.
The big picture for gold has turned mega bullish, despite volatility as a shocking game-changer took place in the gold market this week.
Mining stocks set to skyrocket when stock market collapses as mining leaders see bullish 26 year breakout.
As the global financial war is intensifying, Russia is now initiating a short squeeze on gold derivatives in the West.
[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 …