Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that despite volatility, the action in the gold market has already shifted positive.
As the gold and silver markets near the completion of the final phase of a multi-year consolidation pattern, gold’s open interest has collapsed…again.
The world is descending into a much-heralded recession but it will be much worse than anyone imagined.
Here is a look at a currency war, “rent too damn high,” and who is guzzling crude oil and commodities.
On the heels of the recent volatility in the gold market, King World News continues to focus on the big picture for gold and it is extremely bullish, which is why it’s so important for investors to ignore the short term noise in the paper futures market.
People around the world need to be extremely careful because another run on banks is happening right now!
Another gold catalyst is happening in the background and that is going to be seen in the form of a wave of massive commodity inflation that has already started. Also, when it comes to the volatility we have been seeing in the gold market, always step back and stay focused on the big picture.
Look at what is about to go up in smoke that is on the brink of default and how it will impact the gold and silver markets.
Even as the US Dollar Index rallies above the 104 level, the gold and silver markets are near a historic upside explosion.
As we kickoff trading this week, financial assets are now set to seriously deflate.
Another crisis is set to ignite and it will surely drive gold and silver prices much higher than what is being quoted today.
We have witnessed two major upside breakouts in the silver market. Silver always leads the metals higher in bull markets and this is typical early stage action of a trend change for gold and silver.
As we kickoff trading in the month of September, the world is hurtling toward a new gold standard and it will be led by Russia.
Here is a look at the latest retail disaster du jour as well as inflation.
If you were looking for a reason to continue buying physical silver here it is…
Below is a fascinating email from a KWN reader plus an important look at the US dollar and gold.
There is no question that the economy is beginning to show serious cracks in the foundation.
As we get ready to head into the month of September, the silver market is potentially set up for a major short squeeze.
Investors need to expect a pretty busy week and we are already seeing volatile trading in global markets.
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 the most important monetary metals chart that is the key to unleashing gold and silver on the upside.
[Business Wire] – Solitario Exploration & Royalty Corp. is pleased to announce that it has extended the expiry date of its US$5.0 million secured credit facility agreement with RMB Australia Holdings Limited dated August 10, 2012.
[Marketwired] – Primero Mining Corp. is pleased to announce that it has been reinstated to the import and export registries in Mexico and that normal course imports and exports have resumed for its San Dimas mine…
[Marketwired] – Richmont Mines Inc. , announces its second quarter results for the period ended June 30, 2015 . Financial results are based on International Financial Reporting Standards and dollars are reported in Canadian …
[Business Wire] – Royal Gold, Inc. reports net income attributable to Royal Gold stockholders of $52.0 million, or $0.80 per basic and diluted share, on annual revenue of $278.0 million in fiscal 2015 , compared with net income of $62.6 million, or $0.96 per basic and diluted share, on revenue of $237.2 million in fiscal 2014.
[Business Wire] – Royal Gold, Inc. has appointed Jamie Sokalsky to the Company’s Board of Directors effective August 20, 2015. Mr. Sokalsky will be a new addition to Royal Gold’s Board, now comprised of eight members, seven of whom are independent.
[Marketwired] – Gold Resource Corporation reported production results for the second quarter ended June 30, 2015 of 6,788 ounces of gold, 580,326 ounces of silver ounces, or 14,858 precious metal gold equivalent ounces …
[Marketwired] – Barrick Gold Corporation