One Of The Greats Say We Are Now In A Radically Different Market
Today one of the greats in the business said we are now in a radically different market.
Even though the US dollar has been strengthening recently, the price of gold has been on a tear closing today at another all-time high and is continuing even higher in after hours trading. Here is a look at what is moving these markets.
Today one of the greats in the business said we are now in a radically different market.
With Canada’s markets closed today for Thanksgiving holiday, here is a quick note from Fred Hickey and Felix Zulauf on gold, plus a stunning look at commodities.
This is why the price of gold is getting hit today, plus trouble in China and Italy.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, warned King World News that we live in a world on the cusp of a major crisis.
Today Rick Rule spoke with King World News about gold, silver, crude oil, uranium, mining stocks, and also said the gold bull market is close to ensuing.
Commercial hedgers have now increased their most net-long positions in the gold market in 17 years (long for the fifth week in a row).
One European analyst just warned, is an epic gold short squeeze in the cards?
This major indicator has now reached one of the most extreme levels in 60 years.
With stocks tumbling along with crude oil and the US dollar, the price of gold is surging, but this is what the world is nervously watching right now.
With oil surging along with stocks and the dollar, today today the top trends forecaster in the world warned that we are on the edge of a full-blown global economic and financial meltdown.
With the Dow hitting new all-time highs and bonds breaking down, gold and oil are on the verge of major breakouts.
With the Dow hitting new all-time highs, the price of oil trading near $75 and gold over $1,200, this is the stuff legends are made of.
Today one of the greats said the move in gold, silver and the miners may be real and much bigger than people expect.
In early trading the price of gold spiked $17 and silver surged 40 cents as record speculative short positions are now being tested. If a short squeeze unfolds, the price rise should be quite dramatic. In fact, a legend who is connected in China at the highest levels told King World News that the price of gold may spike to $1,375!
The last time we saw this was just before the stock market crash in 2000…
As we kickoff the first week of trading in October, today marks a historic first. Plus the chart that no one is talking about.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that the end of the Super-Cycle will trigger a global collapse, $10,000 gold and a silver rocket.
Today the top trends forecaster in the world, Gerald Celente, warned King World News that this powder keg that is ready to explode may crash the global economy and markets.
Commercial hedgers are now the most net-long the gold market in 17 years (fourth week in a row) and long (for the first time in history) the silver market for the fifth week in a row.
As we come to the end of trading in September, this piece called, “The Great Secret” reminds me of the kind of writing that King World News put out so often from Richard Russell. It is a short but incredibly powerful read.