One thing is crystal clear, as the West has been selling gold China has been buying it. Billionaire Pierre Lassonde predicted this would happen — Chinese speculators fueled gold’s spectacular rise to new all-time highs, but this is how fevered the market trading became in Shanghai.
Today the man who owns the largest gold and silver dealer in the United States told King World News he was surprised by the amount of panic selling in gold and silver taking place at these levels. This has created an interesting dynamic in terms of buyers and sellers. Below is what 41-year market veteran Bill Haynes had to say about the massive activity he is seeing in gold and
As global stock markets continue their wild ride, a troubling trend is now emerging! Here is the latest Investors Intelligence report along with the all-important sentiment chart: The strong index rally from mid-October lows continued. Friday’s finish showed the primary averages either close to or just above their Sep peaks, with quick rallies of 10% or more in just over two weeks. Indicators also gained more ground with some short term charts reaching…
On the heels of another plunge in the gold and silver markets, today legendary Pierre Lassonde stunned King World News when he openly discussed manipulation of the gold market. Lassonde also spoke with KWN in great detail about the gold and silver smash and what he invested $10 million of his own money in today. Lassonde is arguably the greatest company builder in the history of the mining sector. He
Today one of the top people in Hong Kong spoke with King World News regarding shocking facts about today’s smash in gold and silver. Hedge fund manager William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed the physical markets for both gold and silver, and said that silver will be the one to watch in the future. Kaye: “Right now we are at
Today a legendary trader and investor, who recently called the bottom in the U.S. stock market with remarkable precision, gave King World News a stunning interview about what surprise action to expect in gold, global stock markets, and oil. Victor Sperandeo has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below are the warnings and predictions issued by Sperandeo.
Today an acclaimed money manager told King World News that we are very close to seeing one of the most dramatic reversals in any market in history. Stephen Leeb also spoke about China, Russia, and the West, and said the next leg of the bull market in gold will take the price above $10,000. Leeb: “I find it fascinating that we are seeing continued weakness in the price of oil.
Today a 60-year market veteran sent King World News three absolutely incredible charts as we head into the end of 2014, and he also discussed his predictions for the major markets, including stocks, gold, and silver. Below is six-decade market veteran Ron Rosen’s remarkable piece. Rosen: “This long, disheartening, dismaying, giant correction in gold is just about over. There have already been four bull moves in this secular bull market
Today the Godfather of newsletter writers, 90-year old Richard Russell, warned that we will see violent action ahead. The 60-year market veteran also covered the Great Recession, the Bank of Japan, the U.S. dollar, gold, silver, stocks, and a plethora of other topics as only Russell can at the age of 90. The Russell opinion is that the world is still embedded in the Great Recession. Thus, I am arguing with
With crude oil tumbling over $2 a barrel and the gold and silver rout continuing, today James Turk spoke with King World News about the ongoing smash in gold and silver and what is happening in the physical market for both metals. Below is what Turk had to say in this timely and powerful interview. Turk: “You and I have spoken many times, Eric, about how the central planners are
Today a man who has been involved in the financial markets for 50 years told King World News that the silver market represents one of the greatest opportunities in history for investors. John Embry, who is business partners with billionaire Eric Sprott, also cautioned “This is the most dangerous time in world history.” Embry: “I’m focused on silver, which is something I strongly believe represents an unbelievable opportunity. Right now
As the world continues to move into uncharted territory, today a 40-year market veteran sent King World News a fantastic piece discussing financial destruction and why this fairy tale will end in disaster. He also discusses gold, silver, oil, and what investors should be doing in this dangerous environment. Below is what Robert Fitzwilson, founder of The Portola Group, had to say in this exclusive piece for King World News.
Today a legend who was recently asked by the Chinese government to give a speech to government officials in China spoke with King World News about the end of the gold bear market as well as stunning facts about China and Russia. John Ing, who has been in the business for 43 years, also spoke about why available supply to the gold market is about to be substantially reduced. Ing:
Today King World News is featuring a piece by a man whose recently released masterpiece has been praised around the world, and also recognized as some of the most unique work in the gold market. Below is the latest exclusive KWN piece by Ronald-Peter Stoferle of Incrementum AG out of Liechtenstein. By Ronald-Peter Stoferle, Incrementum AG Liechtenstein November 1 (King World News) – Worried About Gold / Silver Smash &
With the mainstream media celebrating new highs on the S&P and the Dow, and gold and silver trashed for a second day, billionaire Eric Sprott told King World News that it’s the stock market that is going to crash, not gold. Below is what Sprott, who is Chairman of Sprott Asset Management, had to say in Part II of a remarkable series of interviews that will be released today. Eric
Today London metals trader Andrew Maguire spoke with King World News about exactly what triggered today’s stunning and massive selloff in gold and silver. Below is what Maguire had to say in Part II of an extraordinary series of interviews being released today on KWN. Eric King: “Andrew, we are seeing a continuation of the smash in gold and silver. What are your thoughts here as you are watching this?”
As the gold and silver smash continues for a second day, billionaire Eric Sprott warned King World News that central planners are in the final death throes of trying to keep things together. Below is what Sprott, Chairman of Sprott Asset Management, had to say in Part I of a remarkable series of interviews that will be released today. Eric King: “Eric, we are seeing a huge smash in gold
Today King World News is highlighting a piece by one of the greats which discusses the incredible chaos we are seeing in the markets and urges people to “BUY AS MUCH GOLD AS YOU CAN NOW.” Below is the powerful piece which all KWN readers around the world must read. By Art Cashin Director of Floor Operations at UBS October 31 (King World News) – “Overnight And Overseas – The Bank
Today London metals trader Andrew Maguire told King World News that there is currently stunning amounts of euro gold physical buying taking place in London. Maguire also spoke about the staggering demand for physical gold elsewhere around the world. Below is what Maguire had to say in Part I of a series of interviews…
Today a 42-year market veteran told King World News that the powers that be have frozen the money intended for the Swiss Gold Initiative. This is a stunning event. Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this extraordinary interview. Greyerz: “Eric, there was a time when central bankers were independent and free thinking individuals. But now they
With gold, silver, oil, and other commodities getting hit, today Michael Pento warned King World News that the world is about to fall into a terrifying deflationary crater. Pento also discussed what he is doing with his firm’s money ahead of the coming chaos. Pento: “Eric, there was a crucial central bank action taken yesterday. A surprisingly hawkish Fed decided at its October meeting to end QE and keep a