Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, warned King World News that a terrifying black swan of the largest magnitude has now been unleashed.
Investors need to buckle up because the entire $600 trillion derivatives market is beginning to unwind.
It appears this latest takedown in the gold and silver markets is being accompanied by a bit of a problem…disappearing available physical supplies.
We are now facing a government bond “illiquidity” crisis that threatens the entire system.
Up to $600 trillion may vanish in the Great Unwind.
Dominos will continue to fall, plus look at what just collapsed to lowest level in 32 years.
New World Disorder is unfolding as Europe fractures due to skyrocketing energy costs.
Today legend Art Cashin warned central bankers are worried about systemic risk as global liquidity dries up. Egon von Greyerz warned systemic risk will become systemic implosion.
This only happened in the gold market two other times, plus look at these famous magazine covers.
Today one of the greats in the business quoted Jesse Livermore’s famous “be right and sit tight,” warning gold may anticipate a historic Fed pivot.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that we may see Dow 3,500 and $35,000 gold.
Billionaire Pierre Lassonde told King World News that the price of gold is headed back to $2,000.
We have a major banking crisis unfolding involving as many as 6 Globally Systemic Important Banks.
It has been a dramatic week for gold and silver as the uncertainty over the crisis in Europe continues.
Stocks and housing prices need to collapse another 40% just to get back to the median.
Expect more massive market turmoil as things are breaking but gold is about to shine again.
Egon von Greyerz warned about the grim choice central planners now face, systemic collapse or currency collapse. Plus a major update on the real estate market.
Here is a look at gold’s fake breakdown and “Super-Intelligent” AI.
Today legend Pierre Lassonde told King World News that we just saw a major bottom in the gold market.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, former Chairman of the World Gold Council and former Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.
Here is a jaw-dropping $370 price target for silver, plus fear is good.
[PR Newswire] – TORONTO, Aug. 5, 2015 /PRNewswire/ – AuRico Metals Inc. (AMI.TO),(“AuRico Metals” or the “Company”) today announced that its Board of Directors has approved the adoption of a Shareholder Rights Plan (the “Rights Plan”), effective Wednesday, August 5, 2015 (the “Effective Date”). The purpose of the Rights Plan is to protect shareholders from coercive take-over strategies and to give the Board of Directors adequate time to identify, develop
[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 …
[PR Newswire] – All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Refer to the Management Discussion and Analysis (MD&A) and Unaudited Condensed Consolidated Interim Financial Statements …
[Marketwired] – Barrick Gold Corporation
[Marketwired] – Central GoldTrust today responded to the press release issued by Sprott Asset Management LP and Sprott Physical Gold Trust on August 3, 2015, commenting on the July 31, 2015 decision of the Ontario Superior …
[PR Newswire] – TORONTO, Aug. 5, 2015 /PRNewswire/ – AuRico Metals Inc. (AMI.TO),(“AuRico Metals” or the “Company”) today announced that its Board of Directors has approved the adoption of a Shareholder Rights Plan (the “Rights Plan”), effective Wednesday, August 5, 2015 (the “Effective Date”). The purpose of the Rights Plan is to protect shareholders from coercive take-over strategies and to give the Board of Directors adequate time to identify, develop
[CNW Group] – AuRico Metals Announces Adoption of Shareholder Rights Plan and Waives Restriction on Alamos Gold from Acquiring Shares
[PR Newswire] – All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Refer to the Management Discussion and Analysis (MD&A) and Unaudited Condensed Consolidated Interim Financial Statements …
[CNW Group] – IAMGOLD Reports Second Quarter 2015 Operating Results
