Today the price of gold and silver are hitting record highs again. Here is a look at the global hyper-debt bubble and gold.
The great ‘Dollar Destroyer’ is close to being unleashed by the BRICS spearheaded by Russia and China. This will essentially reintroduce gold back into the global monetary system for 70% of the world’s population.
On the heels of the US dollar declining sharply for the 6th straight day, Eric Pomboy just warned the ‘Doom Loop’ is in full swing.
There is serious trouble despite the continued propaganda as this warning was just issued: “They know how bad it’s going and they’re going to do everything they can to keep gold prices down before they skyrocket.”
Today James Turk told King World News gold and silver have broken out to the upside as gold surged $26 and silver $1. He also discussed why the breakout took place as well as what to watch for next.
Gold is headed to $2,700-$3,000 but the big surprise will be stocks that will soar 20-30x higher.
As we kickoff trading, market legend Art Cashin says commodities are close to a major upside breakout, plus a look at 1920s vs today.
On a day where the global markets are relatively calm, here is the big surprise of the day.
On the heels of King World News interviewing the man who correctly predicted Russia and the BRICS would launch a gold-backed currency, it appears the BRICS countries are continuing their massive gold buying spree.
Today King World News interviewed the man who correctly predicted the Russians and BRICs would launch a gold-backed currency. News today confirmed that it will happen in August. While this news shocked people around the globe, it was no surprise to the man who predicted it. And what he had to say about what is coming is even more fascinating.
Consumers are struggling, plus a look at real estate as Art Cashin says keep your seatbelt fastened.
