Gold Futures Top $4,000 As Banks Push Clients Into Gold While Mining Stocks Remain Incredibly Cheap
Today gold futures topped $4,000 for the first time as banks push clients into gold while mining stock remain incredibly cheap.
Today gold futures topped $4,000 for the first time as banks push clients into gold while mining stock remain incredibly cheap.
Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, sent a note to King World News about surging gold prices, money supply and food prices.
The price of gold is surging toward the $4,000 level as the welfare state is bankrupt and global debt soars.
Unbelievably, Comex has now delivered 3x China’s annual gold production!
Today Eric Pomboy sent King World News an exclusive piece discussing how the long gold price suppression scheme is finally coming undone.
Historic metals and mining share bull markets have been unleashed!
Central banks are warning people to stockpile extra cash at home.
It’s game on for silver as the world moves closer to a catastrophic meltdown.
Here is what you want to watch when gold and silver prices retreat.
We are in the early stages of a bear market in trust that is heavily impacting the gold, silver, and mining share markets. To make matters even more turbocharged, QE is coming soon.
Here is a look at what is really happening with gold, plus an emails from a King World News reader.
Here is an updated price target for gold as silver is coiled to explode to all-time highs.
Today James Turk told King World News that the price of silver went from $6 to $50 in less than six months by 1980. There are comparisons to today’s move.
The short squeeze in the silver market is accelerating as the price of silver closes in on the all-time high set in 1980.
Silver is threatening its historic 1980 record high as gold continues to surge toward the $4,000 level, but take a look these surprises…
The price of silver futures have surged above $45 as Bitcoin weakens and the US stock market reaches year 2000 bubble levels.
The two Deutsche Bank charts below show gold’s upside surge still has room to run.
Will Bitcoin ever become money?
It’s not just central banks that have been on a gold buying spree, the wealthy are on a buying spree of their own, filling vaults in London with physical gold.
Peter Boockvar says the price of silver needs to hit $200.
[CNW Group] – Seabridge Gold Closes $14.6 Million Non-Brokered Private Placement
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[Marketwired] – First Majestic Silver Corp. and SilverCrest Mines Inc. are pleased to announce the completion of the plan of arrangement previously announced in the joint news release of First Majestic and SilverCrest …
[CNW Group] – Silver Standard Signs Agreement with Golden Arrow for Chinchillas Project
[PR Newswire] – VANCOUVER, Oct. 1, 2015 /PRNewswire/ – Silver Standard Resources Inc. (SSRI) (SSO.TO) (“Silver Standard”) announces that it has entered into an agreement (the “Agreement”) with Golden Arrow Resources Corporation (GRG.V) (“Golden Arrow”) whereby Silver Standard will explore, evaluate and seek to develop the Chinchillas project (“Chinchillas”) in Jujuy Province, Argentina. Silver Standard acquires a right to evaluate Chinchillas that, upon election by Silver Standard, would result in
By Steve Gorman LOS ANGELES (Reuters) – The unexplained release of a large vapor cloud on Friday from an Exxon Mobil Corp refinery near Los Angeles prompted authorities to sound public safety sirens, but no toxic fumes were detected and no one was hurt, a fire official said. The mishap was reported around sunset in Torrance, California, at a refinery that had been largely shut down since an explosion and
By Steve Gorman LOS ANGELES (Reuters) – The unexplained release of a large vapor cloud on Friday from an Exxon Mobil Corp refinery near Los Angeles prompted authorities to sound public safety sirens, but no toxic fumes were detected and no one was hurt, a fire official said. The mishap was reported around sunset in Torrance, California, at a refinery that had been largely shut down since an explosion and
Oregon Governor Kate Brown has denied a request from her predecessor John Kitzhaber for help paying the fallen Democrat’s legal bills amid an ongoing federal criminal corruption investigation, her office said on Friday. Kitzhaber resigned in February amid allegations that his fiancée, Cylvia Hayes, used her role in his office for personal gain. The allegations snowballed in the days before he stepped down as media reported that Hayes received $118,000
Chevron is facing a $195-million bill after an Australian court ruled Friday the energy giant had minimised tax through a loan scheme, in a case that could have implications for other multinationals. The decision comes amid an international push, including in Australia, to crack down on global firms using complex structures to lower their tax burden. The Federal Court ruled that $2.45 billion in loans from Chevron’s US branch to
BILLINGS, Mont. (AP) — Investigators are blaming the U.S. Environmental Protection Agency for a 3 million-gallon wastewater spill from a Colorado gold mine, saying an agency cleanup crew rushed its work, failed to consider the complex engineering involved and ended up triggering the very blowout it hoped to avoid.
By Keith Coffman DENVER (Reuters) – The release of 3 million gallons (11 million liters) of toxic wastewater from a defunct southwestern Colorado gold mine that was triggered by the Environmental Protection Agency was preventable, a government review of the spill concluded on Thursday. A 132-page report conducted by engineers with the U.S Bureau of Reclamation said the Aug. 5 blowout from the Gold King Mine above Silverton, Colorado, was
BILLINGS, Mont. (AP) — Government investigators squarely blamed the U.S. Environmental Protection Agency Thursday for a 3 million gallon wastewater spill from a Colorado gold mine, saying an EPA cleanup crew rushed its work and failed to consider the complex engineering involved, triggering the very blowout it hoped to avoid.
By Pawel Sobczak and Wiktor Szary WARSAW (Reuters) – Two new polls in Poland on Thursday showed diverging trends in the popularity of the frontrunning, nationalist-minded opposition before the Oct. 25 parliamentary election, heightening uncertainty about the shape of the next government and Warsaw’s ties with EU neighbors. Both surveys pointed to the eurosceptic, conservative Law and Justice Party (PiS) winning the ballot with more than 30 percent of votes,
By Valerie Volcovici and Julia Love WASHINGTON/SAN FRANCISCO (Reuters) – Apple announced Wednesday it will build 200 megawatts of solar energy projects in China and work with local suppliers to source more renewable energy, its latest moves to green its Chinese supply chain amid criticism that its local partners are heavy polluters. In addition to bringing on an additional 200 MW in northern, eastern and southern China, the tech giant
President Barack Obama highlighted a growing U.S. heroin problem on a trip on Wednesday to West Virginia, which has been economically battered by a shrinking coal industry, and which has the highest rate of drug overdose deaths in the country. Democratic West Virginia Senator Joe Manchin traveled with Obama and warned that many listening to the president would blame the state’s heroin problem on Obama’s energy policy, which mandates a