The brilliant Tavi Costa spoke with King World News about Friday’s takedown in the gold and silver markets and what investors should expect in the coming days, weeks and months.
We are now in the calm before the storm, the prelude to a true panic, which is why this type of move into gold has occurred only twice in the last 50 years. Gold senses the mayhem that lies ahead.
Today James Turk told King World News that the debt ceiling suspension is similar to Nixon taking the US off the gold standard and this will have dire consequences.
As people continue to digest breaking news from around the world on Memorial Day, years ago the Godfather of newsletter writers, Richard Russell, discussed the war to inflate, the horrors of war and what he was telling his subscribers to do. Included in this piece is one of the most tragic images you will ever see.
The war on inflation is creating even more inflation and that is extremely dangerous policy at this moment in history.
Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, told King World News that the US is in fact a giant Ponzi scheme and gold will be $3,500 next year.
With silver rebounding sharply today, Stephanie Pomboy says manipulators are trying desperately to keep the price of gold below $2,000 for a reason.
The big question on everyone’s mind is, will the US suffer a credit rating downgrade? Below there is also a look at the gold takedown and a few other surprises.
We are now looking at a countdown to midnight and what is at stake is a monetary showdown and gold’s reaction to financial chaos.
Investors need to buckle up as the US housing bubble is bursting as a financial tsunami approaches, plus people don’t work nearly as much as previous generations.
Here is a stunning big picture look at gold as stock markets tumble across the globe.
