Sunday, November 19, 2017

The Man Who Predicted Friday’s Gold & Silver Surge Now Says Metals May Be Ready To Fly

"The man who predicted Friday’s gold and silver surge now says metals may be ready to fly.
How Did You Know?
November 18 (
King World News
) – 
Eric King:  “James, quite a day today.  And yesterday you did an interview with KWN where you predicted that the price of gold and silver was going to go against the central planners, that they were in a moment of crisis, that this manipulation wasn’t going to go their way, and gold and silver were going to begin to spike aggressively.  It started to happen on the tape today.  How did you know?”
Markets Are More Powerful Than Central Banks
James Turk:  
“Eventually the markets are always more powerful than central banks. Eventually the markets do takeover.  And it’s just sort of my sense after waiting so patiently for so long that the markets were going to gain the upper hand.  So today’s action is very, very positive.  
It’s a little bit intuitive.  I guess it’s experience.  I’m 70 years old, so I’ve been at this for many, many decades, and I’ve seen these situations before.  I remember the 1987 situation very well — how silver doubled in a matter of just a few weeks.  In 2010-2011, silver more than doubled — I remember that like it was yesterday.  And I’ve got the same sense that we are very close to the same kind of event and I’m very encouraged by what happened today, but…"
at https://kingworldnews.com/the-man-who-predicted-fridays-gold-silver-surge-now-says-metals-may-be-ready-to-fly/

James Turk – Central Planners About To Have A Moment Of Crisis In The Gold & Silver Markets

"Today James Turk answered the question everyone is focused on in the gold and silver universe and he also warned that central planners are about to have a moment of crisis in the gold and silver markets.

November 16 
(
King World News) – 
James Turk:  “When we spoke a few weeks ago, Eric, gold was $1,278 and silver was $17.06. Today gold and silver closed in New York at $1,279 and $17.07. Although their prices haven’t changed much from where they were a few weeks ago, there is a lot going on beneath the surface. We are seeing the market forcing the hand of central planners, rather than the other way around. This is good news for gold and silver…"
at https://kingworldnews.com/james-turk-central-planners-about-to-have-a-moment-of-crisis-in-the-gold-silver-markets/

Sunday, November 12, 2017

Whistleblower Andrew Maguire Says U.S. Plunge Protection Team Orchestrated Today’s 17 Minute Raid In The Gold Market

"After a $4 billion sale of paper gold took place in less than one minute, a question began to arise: Who was it that sold the paper gold? The answer according to London metals trader Andrew Maguire, who spoke with King World News shortly after today’s raid, is that it was the US Plunge Protection Team that was responsible for the takedown.
Today’s 17 Minute PPT Gold Raid
November 10 (
King World News
) – 
Andrew Maguire:  “This week’s synthetic gold and silver action incensed most traders. Clearly the Plunge Protection Team (PPT) was behind a full week of counterintuitive selling, culminating in a major raid directly after London cleared trades today…"

at https://kingworldnews.com/andrew-maguire-it-was-the-plunge-protection-team-that-conducted-the-17-minute-raid-in-the-gold-market/

China’s Bold Plan To Reshape The World’s Monetary System With Gold & Blockchain

"Today one of the greats in the business discussed China’s bold plan to reshape the world’s monetary system with gold and blockchain.
Ghost Cities Coming Alive
November 12 (
King World News
) – 
Dr. Stephen Leeb:  “Early this decade, the Chinese city Zhengzhou was often cited as a poster child of Chinese development run amok. The West derided it as the quintessential ghost city, a lavishly appointed metropolis missing just one thing; residents. Today, just five or so years later, according to Bloomberg, Zhengzhou is a bustling city benefiting from a surrounding network of infrastructure that was similarly viewed as mere busywork designed to line the pockets of corrupt bureaucrats. The new roads and rails put Zhengzhou within easy reach of Beijing, Shanghai, and other major economic hubs. Moreover, the city has become a key link between China and the country’s One Belt, One Road initiative, connecting it by rail to Central Asia, Russia, and Europe, all critical parts of Eurasia. A once nearly deserted airport now sees its world-class runways host cargo traffic growing by more than 30 percent a year…"

at https://kingworldnews.com/chinas-bold-plan-to-reshape-the-worlds-monetary-system-with-gold-blockchain/

Sunday, November 5, 2017

The Imbalances Are Immense. Plus A Look At Gold And The Mining Shares

"As we move through the first week of trading in the month of November, one of the greats in the business stated, “The imbalances we have are just immense.” Plus there is a look at gold and the mining shares.
By Bill Fleckenstein President Of Fleckenstein CapitalNovember 2 (King World News) – Yesterday I noted the macro roulette staring us in the face, but I neglected to note that the Republican tax plan was also due to be unveiled today. This will be a case where the devil is in the details for sure, but it does appear that the proposed bill will be a tax cut for corporate America and, while some individuals will see lower taxes, others will pay more. Whether the bill is passable, I don’t have an opinion yet, but what I can say is that it is not at all clear to me how cutting corporate taxes will de facto create jobs. Could it? Yes. Will it all by itself? I am not so certain…"
at https://kingworldnews.com/the-imbalances-are-immense-plus-a-look-at-gold-and-the-mining-shares/

Billionaire Pierre Lassonde – Will $12,000 Gold Become A Terrifying Reality?

"With the price of gold and silver pulling back, today legend Pierre Lassonde told King World News that $12,000 gold may become a terrifying reality.
Lassonde is arguably the greatest company builder in the history of the mining sector.  He is past president of Newmont Mining, former chairman of the World Gold Council and current chairman of Franco Nevada.  Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets..."
at https://kingworldnews.com/legend-pierre-lassonde-will-12000-gold-become-a-terrifying-reality/

Sunday, October 29, 2017

Celente – This Is Why The Economic Plunge That Is About To Unfold Will Be So Different

"Today the top trends forecaster in the world spoke with King World News about why the economic plunge that is about to unfold in the United States will be different as well as who will be most impacted by it.
Gerald Celente:  “We are forecasting that when and if the Fed raises (interest rates) in December, and we believe they will, the markets won’t react that strongly. But by the second quarter of 2018, we are going to go into, according to our forecasts at the Trends Research Institute, a Stage One recession.”
Eric King:  “Gerald, explain what you mean by ‘Stage One’ recession. I haven’t heard that term before.”
Gerald Celente:  A Stage One recession means that it is going to hit the..."

at https://kingworldnews.com/celente-economic-plunge-unfold-will-different/

China’s Bold Moves – The Implications For Investors Are Enormous

"Today one of the greats in the business discussed China’s bold moves and warned that the implications for investors are enormous.
China’s Bold Moves
October 28 (
King World News
) – 
Stephen Leeb:  “A remarkable aspect to President Xi Jingping’s opening address to the just-concluded 19th congress of China’s Communist Party was the astounding – and as you’ll see, well-founded – confidence with which Xi asserted that China would hold on to the much-disputed artificial islands it has created in the South China Sea…"
at https://kingworldnews.com/chinas-bold-moves-the-implications-for-investors-are-enormous/

Sunday, October 22, 2017

Crypto-Currency Calm Before The Storm

"Authored by Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com,
The United States (and the world) has been using the worthless fiat federal reserve note that is not backed by any true tangible asset.  The only backing is not even the “full faith and credit of the United States government,” because the government is too far in debt to have any credit.  Faith disappeared a long time ago: our faith in elected officials as public servants.  Instead, they serve themselves upon the labors of the public, and the public services them, in every sense of the word.
Cryptocurrency is an illusion.  The new “shell game” is to replace one illusion…the fiat currency…with another illusion, the “bitcoin.” 
at http://www.zerohedge.com/news/2017-10-21/crypto-currency-calm-storm

Mauldin: "Investors Ignore What May Be The Biggest Policy Error In History"

"Submitted by John Mauldin
My good friend Peter Boockvar recently shared a chart with me. The University of Michigan’s Surveys of Consumers have been tracking consumers and their expectations about the direction of the stock market over the next year. We are now at an all-time high in the expectation that the stock market will go up..."
at http://www.zerohedge.com/news/2017-10-21/mauldin-investors-ignore-what-may-be-biggest-policy-error-history

Xi's Roadmap To The Chinese Dream

"Authored by Pepe Escobar via The Asia Times,
China's Belt and Road Initiative - the New Silk Road - will spark the country's development and turn the dream into reality...
It all starts with Hong Kong as a major BRI financing hub.
Now that President Xi Jinping has been duly elevated to the Chinese Communist Party pantheon in the rarified company of Mao Zedong Thought and Deng Xiaoping Theory, the world will have plenty of time to digest the meaning of “Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.”
at http://www.zerohedge.com/news/2017-10-21/xis-roadmap-chinese-dream

Thursday, October 12, 2017

US allows terrorists to freely move about near Syria base: Russia

"Russia says the US is allowing Daesh to operate “under its nose” in Syria, calling on Washington to explain why terrorists enjoy freedom of movement in a border area where the Americans have a military base.
The US has declared an expanse stretching 55 kilometers (34 miles) around the al-Tanf area a “de-confliction zone,” only letting in forces allied to Washington and blocking out the Syrian army. Tanf is located in a zone, where Syria, Iraq and Jordan’s borders meet, and is, hence, of paramount strategic importance.
Russia’s Defense Ministry questioned how around 300 Daesh terrorists had been allowed to cross the area under US forces’ watch and move out to block an important road linking the Syrian capital, Damascus, and the northeastern city of Dayr al-Zawr, Russia’s Sputnik news agency reported on Wednesday.
It said the road targeted by Daesh is used for delivering humanitarian aid for civilians and supplies for the Syrian army. It urged “the US side to explain its selective blindness regarding militants” operating near US forces in Syria...."
at http://www.presstv.com/Detail/2017/10/11/538221/Russia-US-Syria-Tanf-Daesh

US THAAD Missile Defense Systems in S Korea Target Russia, China - Moscow

"According to Russian senior diplomat, Washington uses alleged N Korean missile threat as a pretext for deploying THAAD systems close to the borders of Russia and China.
MOSCOW (Sputnik)  The US THAAD missile defense systems in South Korea target Russia and China, Georgiy Borisenko, Director of the North America Department at the Russian Foreign Ministry said in an exclusive interview with Sputnik.
According to Borisenko, Washington is merely using the alleged N Korean missile threatas a pretext for deploying THAAD systems close to the borders of Russia and China..."
at https://sputniknews.com/world/201710111058123733-us-thaad-russia/

NATO Launches New Black Sea Force To Target Russia

"Authored by Jason Ditz via AntiWar.com,
NATO has announced the launching of their multinational Black Sea Force,based in Romania, and including an entire Romanian brigade of 4,000 troops.
“We are sending a very clear message: NATO is here, NATO is strong and NATO is united,” Stoltenberg told assembled Polish, Romanian, Spanish and Portuguese soldiers..."
at  http://www.zerohedge.com/news/2017-10-10/nato-launches-new-black-sea-force-target-russia

Here Is A Look At A Terrifying Wild Card

"As we move through the middle of the second trading week in October, here is a look at a terrifying wild card.
October 11 (King World News) – Today’s note from legend Art Cashin:  Today we will revisit one of the most devastating economic events in recorded history. It all began with the efforts of a few, well-intentioned government officials.
Originally, on this day in 1922, the German Central Bank and the German Treasury took an inevitable step in a process which had begun with their previous effort to “jump start” a stagnant economy. Many months earlier they had decided that what was needed was easier money. Their initial efforts brought little response. So, using the governmental “more is better” theory they simply created more and more money. 
But economic stagnation continued and so did the money growth. They kept making money more available. No reaction. Then, suddenly prices began to explode unbelievably (but, perversely, not business activity). 
So, on this day government officials decided to bring figures in line with market realities. They devalued the mark. The new value would be 2 billion marks to a dollar. At the start of World War I the exchange rate had been a mere 4.2 marks to the dollar. In simple terms you needed 4.2 marks in order to get one dollar. Now it was 2 billion marks to get one dollar. And thirteen months from this date (late November 1923) you would need 4.2 trillion marks to get one dollar. In ten years the amount of money had increased a trillion fold..."
at https://kingworldnews.com/here-is-a-look-at-a-terrifying-wild-card/

Sunday, October 8, 2017

Greyerz – China & Russia Positioning To Collapse US Dollar As Global Financial War Heats Up

"With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that China and Russia are positioning to collapse the US dollar as global financial war heats up. 
The End Of The US Dollar & Its Bankrupt Empire
Eric King:  “Egon, KWN has had a lot of coverage from Stephen Leeb and Hugo Salinas Price about the gold-backed oil exchange that will be setup in China.  What are your thoughts on how that’s going to impact the market, and does that bring gold back into the monetary system?”
Egon von Greyerz:  “We haven’t got that confirmed yet but it is very likely that the Chinese will do something similar and stop using the dollar for buying oil.  And remember, China is the biggest buyer of oil in the world.  China imports something like $150 billion worth of oil every year…"
at https://kingworldnews.com/greyerz-china-russia-positioning-to-collapse-us-dollar-as-global-financial-war-heats-up/

Commercials Continue Covering Gold & Silver Shorts, Plus A Note On Gold

"As we end the first week of trading in October, the commercial hedgers continue covering gold and silver shorts…
Short covering has begun in the gold and silver markets as the bullion banks line their pockets once again…"
at  https://kingworldnews.com/commercials-continue-covering-gold-silver-shorts/

Sunday, September 24, 2017

ALERT: Multi-Billionaire Hugo Salinas Price Says This Catalyst Has Gold Headed Thousands Of Dollars Higher

"On the heels of Wednesday’s propaganda being spewed out of the Federal Reserve, today multi-billionaire Hugo Salinas Price stunned market observers across the world by saying this catalyst has the gold price headed thousands of dollars higher.
This Will Rock Global Markets
September 21 (
King World News
) – Multi-billionaire Hugo Salinas Price:  
The Chinese have announced that they have perfected a scheme, to be launched formally in the market by the end of the year, by means of which exporters of oil to China will accept the Chinese currency, the Yuan, in payment for the oil; for this deal, the Chinese have added an incentive: the Yuan received by the oil exporters will be exchangeable for gold. This gold will be “sourced” i.e. “purchased” outside of China, for the oil exporters.
Thus, the oil exporters’ Yuan will be offered in payment to the so-called “Bullion Banks” in London, who will provide the gold in exchange for Yuan. We know that this much is part of the plan..."
at http://kingworldnews.com/alert-multi-billionaire-hugo-salinas-price-says-this-catalyst-has-gold-price-headed-thousands-of-dollars-higher/

James Turk – After The 2-Week Takedown In Gold And Silver, Here Is The Big Surprise

"After two week takedown in the gold and silver markets, today James Turk spoke with King World News about the big surprise in the gold market.
BIS Surprises Gold Market Participants
Eric King:  “James, I wanted to talk about the BIS (Bank for International Settlements) mobilizing all of that gold.  As you know, the bullion banks, who act as agents for Western governments, were heavily shorting the gold market.  And you were saying there were large backwardations in gold and silver, Maguire was talking about how they were getting overrun in the physical market.  And then all the sudden the BIS mobilized all of that gold and the smash in the gold and silver markets began.  Can you talk about that?”
James Turk:  “Yes, we’ve seen this so many times, Eric, that you almost have to expect it.  When there is panic behind the scenes by the bullion banks and the governments that are trying to cap the gold price, they go to the vault and they pull out some bars that haven’t seen the light of day for probably decades and then ship them over to Asia.  And this just happened again…"
at http://kingworldnews.com/james-turk-here-is-the-big-surprise-in-the-gold-market/

Sunday, September 17, 2017

STOCK MARKET CRASH WARNING: “Reversal Could Happen Quickly And Strongly…Likely To Induce Panic”

"After 8 years of reckless central bank policies and bubbling stock prices, today one of the greats in the business issued a stock market crash warning.
September 14 (King World News) – Art Cashin, Head of Floor Operations at UBS:  Of Calendars And Cautions – This year has seen many longstanding seasonal patterns fail to perform. Sell in May and Go Away was a clear loss maker this year. The traditional market weakness in August and September has been stood on its head. Sharp-eyed Keene Little over at Option Investor thinks it may have to do with a different “pattern”, the one that comes in a year ending in a seven. 
Here’s a bit of what Keene wrote: 
While we should be looking over our shoulder for potential trouble, the market has been ignoring the troubling signs and that could continue longer than most think possible. Don’t fight the trend is clearly the message after just a 3-wave pullback in August. The pattern of the rally off the August 21st low is not clean but the choppy move higher fits as an ending pattern. So I would definitely not get complacent about the current rally. Don’t fight it but be careful joining it. I have a feeling the reversal from it could happen quickly and strongly..."
at http://kingworldnews.com/stock-market-crash-warning-reversal-happen-quickly-strongly-likely-induce-panic/