Fund managers are worried about a 2008-style collapse. Egon von Greyerz also cautioned that damage to the global financial system can no longer be concealed.
Last time this happened gold rallied over $700, plus look at this 30%+ inflation crushing consumers!
Today one of the greats in the business warned the financial world is facing the first chapter of a global “uh-oh” moment.
Today one of the top money managers in the world told King World News that the West’s desperate takedown in the gold market will fail.
The following is a must read about gold in a world of a surging US dollar, interest rates and inflation.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, shared with King World News exclusively that at this point in the gold market it is 2008, not 2013!
With the world continuing to hurtle from one crisis to the next, here is a terrifying trip down the currency collapse rabbit hole.
This is the big story again today.
A huge catalyst for the gold market is commodities. Is the commodities super cycle over or just paused?
There is full-blown panic setting in as the economic collapse is accelerating.
Yes, the gold market is rigged and a chart says a trillion+ words.
Kyle Bass says China’s banks are insolvent, plus serious problems for US consumers as auto bubble bursts.
The man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that we are headed into the final collapse that Ludwig von Mises warned us would take place.
Here is a look at the close ties between the Ukraine War, gold and the New World Order.
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.
[Marketwired] – Comstock Mining Inc. announced today that the Nevada Division of Environmental Protection Bureau of Mining Regulation and Reclamation has issued a Notice of Decision approving an Engineering Design…
DENVER (AP) — The Denver Post reports Colorado led the nation in the growth of wind energy manufacturing jobs in 2014.
By Kathy Chen and Dominique Patton BEIJING (Reuters) – China will ban water-polluting paper mills, oil refineries, pesticide producers and other industrial plants by the end of 2016, as it moves to tackle severe pollution of the country’s water supply. The long-awaited plan comes as the central government steps up its “war on pollution” after years of industrial development that have left one-third of China’s major river basins and 60
Jihadists from the Islamic State group broke into Iraq’s massive Baiji oil refinery, seized some of its facilities and are hiding among fuel storage tanks, officials said Wednesday. An Iraqi operation backed by coalition air strikes eventually broke the siege in October and retook the town of Baiji, just south of the refinery.
NEWARK, N.J. (AP) — Exxon Mobil’s top lawyer said Wednesday that a heavily criticized $225 million pollution settlement with New Jersey was reasonable and that the nearly $9 billion initially sought by the state shouldn’t be used as a barometer because it was calculated using faulty methodology.
CONCORD, N.H. (AP) — Senate Majority Leader Mitch McConnell’s call for governors to defy proposed federal rules to limit pollution has been met with mostly silence, but leaders in downwind New England states and drought-stricken areas in the West are pushing back.
By Chijioke Ohuocha and Svetlana Burmistrova LAGOS/MOSCOW (Reuters) – Nigeria is in talks with Russia’s state-owned Rosatom to build nuclear power plants, as Africa’s most populous nation tries to end of decades of blackouts that has blighted its economy. Africa’s biggest economy has no experience in developing and operating nuclear power plants but has a gamma facility and small reactors producing around 30 kilowatts for research, Franklin Erepamo Osaisai, chief
By Peroshni Govender JOHANNESBURG (Reuters) – South Africa has named preferred bidders for the fourth round of a series of renewable energy projects, that will add about 1,000 megawatts (MW) of power to its ailing grid, industry insiders said on Tuesday. Africa’s most advanced economy is committed to introducing green energy into its power mix, 95 percent of which is coal at the moment, to redress its chronic electricity shortages.
ConocoPhillips is preparing the sale of noncore oil and gas producing acreage in the United States, in the latest sign that oil majors are becoming more accepting of lower oil prices, according to people familiar with the matter. While the world’s oil and gas companies have been looking to buy assets on the cheap since oil prices plummeted, epitomized by Royal Dutch Shell Plc’s agreement earlier this month to buy
The drop in big oil companies’ profits in the past eight months isn’t just a function of lower crude prices – it also reflects strategic choices. A Reuters examination of corporate filings by some of the biggest players in the industry, including BP , Shell and France’s Total , shows the sensitivity of these companies’ earnings to changes in oil prices has risen in recent years. This means that for
A few years back, large-scale wind projects dominated the renewable energy discussion in Vermont as vocal opponents decried the destruction of pristine mountaintops and the details of construction plans …
