Wild Week Of Trading Leaves Global Markets In Chaos And Next Week May Be Even Worse
A wild week of trading has left global markets in chaos and the bad news is it may get even worse next week.
Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, warned King World News that gold and silver mining stocks are coiled for a historic and violent 355% surge.
A wild week of trading has left global markets in chaos and the bad news is it may get even worse next week.
Chaos is being unleashed as this crisis is nothing short of catastrophic for global markets.
On the heels of electricity prices skyrocketing across the globe that has ordinary people frightened they won’t be able to even afford electricity, fear is now building that the energy “doom loop” in Europe is about to trigger a 2008-style Lehman collapse.
Banks worried about “monster” $700 trillion derivatives market as credit tightens.
The world is heading into the first global sovereign debt “death spiral” in 100 years and it is going to unleash even more chaos.
The top trends forecaster in the world shared with KWN a top trend for 2022.
Massive layoffs are coming that will intensify the recession by impacting consumer spending, plus a surprising look at housing and travel.
Below are some absolutely stunning charts. Meanwhile the stock market rally is over and gold will benefit as inflation continues to rampage.
As we kickoff another trading week, an apocalyptic scenario is now unfolding for the West.
Investors need to buckle up because there is more pain ahead that is setting the stage for a Fed pivot that will rock global markets
Nomi Prins has delivered keynote speeches to the Federal Reserve, IMF, World Bank, UK Parliament, US Senate, etc, and this is one of the most important interviews of 2022 discussing a world sleepwalking into the next global crisis
Gold trading volume and open interest has collapsed on Comex.
Russia and China have amassed a staggering 40,000 tonnes of gold as Putin dominates geopolitically.
Look at who the biggest gold buyer in the world is, plus fear sets in as catastrophic power crisis in Germany has been unleashed.
Today the top trends forecaster in the world warned that Americans are now worried about feeding themselves amid soaring inflation.
Today Art Cashin, a market veteran who has been trading stocks for over 60 years, warned of a huge similarity in stocks today vs 60 years ago.
Here is a look at gold bull catalyst, inflation chart of the day, homebuyers panic, recession and bear market rallies.
Below are two stunning charts showing consumers drowning in debt as electricity prices continue to skyrocket!
Despite today’s pullback, a very bullish sign for gold and silver is flashing green, plus more signs of serious economic problems.
Today long time market veteran, James Turk, told King World News this pullback in the gold and silver markets is not surprising. He also included a shocking chart that all KWN readers around the world need to see.