Sunday, October 23, 2016

Jean-Marie Eveillard Oversees $90 Billion Warns This Might End Badly And There Is A Possibility Of ‘Extreme Outcomes’

"One of the legends in the business, 50-year veteran Jean-Marie Eveillard, warned King World News that the grand central bank experiment might end badly and there is a possibility of “extreme outcomes.”
Eric King:  “There’s talk now of helicoptering in trillions of dollars.  Looking at the bigger picture for the West, you are a student of Austrian economics and you’ve said all along that we can’t print our way into prosperity or create more debt to get rid of the debt problem we have.  And when you look at this so-called solution of helicoptering in trillions of dollars, that’s not going to solve anything.  That’s just going to take this nightmare and make it worse.”
Jean-Marie Eveillard:  “It (the behavior of central bankers) is mindless and I think there will be unintended consequences.  I suspect that it might end badly, and we have to worry about the long-term.  I want to be careful here because I’m so old that I’ve been in this business one way or the other for a little more than half a century…"


The Road To Financial Armageddon

"With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, spoke with King World News about the road to financial Armageddon.
Gold Has Skyrocketed In Foreign CurrenciesEgon von Greyerz:  “As the gold market takes a break in its journey to much higher levels, it is good to step back a bit and understand why gold has appreciated so dramatically in the last 100 years and why this will continue for many years to come…"


Tuesday, October 4, 2016

James Turk – Deutsche Bank Failure To Usher In The Next Great Depression

"As we kick off the first week of trading in October, today James Turk told King World News that Deutsche Bank’s failure will usher in the next Great Depression.
Eric King:  That was a great call you made last week, James, with the caution you issued about the impact that end-of-the-month option expiration would have on gold and silver prices.
James Turk:   Thanks, Eric. Of course nothing is obvious when it comes to markets, which is another way of saying the future is unpredictable.  But the future – or at least in the very short term – can be controlled from time to time, and we saw that happen last week when gold and silver swooned into option expiry…"

Whistleblower Andrew Maguire – A Staggering 1,000 Tonnes Of Paper Gold Rinsed Out Of Market In Today’s Takedown!

"On the heels of a brutal takedown in the gold and silver markets, London metals trader and whistleblower Andrew Maguire told King World News that we have just seen a staggering 1,000 tonnes of paper gold rinsed out of the market today!
Eric King:  “Andrew, we’re seeing a massive takedown in the gold and silver markets today along with the shares, what’s really happening here?  What is really taking place?”
Andrew Maguire:  “Close to a staggering 1,000 tonnes of paper gold has been rinsed out in the paper gold markets today…."

Sunday, September 25, 2016

op Advisor To Sovereign Wealth Funds Warns This Just Sent A Major Shock Through Global Markets

"On the heels of yesterday’s Fed decision, today a top advisor to the most prominent sovereign wealth funds, hedge funds, and institutional funds in the world, warned King World News that a major shock has been sent through global markets.  He also discussed the gold and silver markets.
But first, take a look at the extraordinary calls that Michael Belkin made in previous KWN interviews…
“Gold stocks will turn into the new ‘momentum class.’ It sounds almost hilarious to say that now because gold stocks are so depressed and they are so far from being momentum names, except for the one I recommended that is up 1,000%.  But when nothings else is working for institutional investors, they will begin to flock into the thing that is working, and I think that will be gold and gold stocks.” — Michael Belkin, October 10, 2015..."

Sunday, September 18, 2016

Nomi Prins: China Does Not Want To See A Global Stock Market Crash – Angry At Western ‘Criminal Institutions’

"Nomi Prins, who just completed a trip to China, where she addressed BRICS Bank and IMF officials in Shanghai, just warned that China does not want to see a global stock market crash and they are angry at Western “criminal institutions.”

Eric King:  “Nomi, you talked about the collapse and when it’s going to start to unfold, but how will it unfold and how bad will it be?  Because I would imagine that as the wheels start to come off, it’s going to be pretty hairy.”
As The Wheels Come Off
Nomi Prins:  
“As the wheels come off, which will be because our election is out of the way, the Federal Reserve is left there to figure out what it really needs to do, and, most importantly, other countries start to pile in and ratchet up their strategies for protecting themselves relative to the Federal Reserve policy of bad regulation, cheap money and so forth, things will unravel…"

China’s Stunning Plan For Gold And A New Monetary System

"With many investors worried about the economic turmoil that has engulfed the globe, here is China’s stunning plan for gold and a new monetary system.
China’s Plan For Gold & A New Monetary System
Stephen Leeb: 
he world is headed to a new monetary system. But most in the West are still valiantly trying to deny that reality. Whether you’re reading The New York Times or Bloomberg News, or delving into recent white papers released by various institutions, you’re sure to find anti-gold propaganda, stories about how oil is plentiful, all the while stalwartly maintaining that the dollar won’t be superseded by the renminbi…"

Saturday, September 17, 2016

Former Soros Associate Just Warned The Price Of Gold Is Going Skyrocket To $2,000

"As we continue to see increased volatility in mid-September, a former associate of George Soros just warned the price of gold is going to skyrocket to $2,000.
Victor Sperandeo manages over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros.  Below is what Sperandeo had to say.
Eric King:  “Victor, what is going to cause the price of gold to surge higher and finally take out $1,400?
Victor Sperandeo:  Today the Mexican peso is hitting new lows vs the dollar, and the price of gold in Mexican pesos is hitting new all-time highs…"

Massive Money Flowing Into Gold Stocks, Even As They Sell Off

"With continued uncertainty in key global markets, an enormous amount of money is flowing into gold stocks, even as they sell off.
From Jason Goepfert at SentimenTrader:  The junior gold miners (GDXJ) saw a massive $568 million inflow on Thursday, more than it has ever taken in even over a couple of weeks (see stunning chart below).


Sunday, August 28, 2016

John Embry Warns The ‘Deep State’ Shadow Government Is Hard At Work In Financial Markets

"On the heels of continued propaganda from the Federal Reserve, today John Embry told King World News that the “Deep State” shadow government is hard at work in financial markets right now.
John Embry:  “Eric, as you know, we are in an extremely quiet period here in late summer, which allows the usual suspects to push markets around…"

The Stunning Roadmap To The Coming Global SDR Currency

"With many investors worried about the economic turmoil that has engulfed the globe, here is stunning the roadmap to the coming global SDR.
Stephen Leeb:  “Wake up, America. We have a problem that’s threatening our economy and perhaps even our continued existence as a free society, and no one is paying attention. The problem: we have too much money and too little wealth. Today our money-to-wealth ratio is probably lower than for any other developed country in history. But there’s no indication that policymakers here understand the key distinction between money and wealth or even see the dire implications…"

Friday, August 26, 2016

Legend Says Forget The Pullback – Gold Is Headed To $1,600 And Here Is The Big Surprise From China!

"As we approach the end of August in what has been a wild summer of trading in the gold and silver markets, today a legend in the business sent King World News a powerful piece about central banks heading toward trouble as gold is headed to $1,600 but here is the big surprise from China.
Gold’s Surge To $1,600
By John Ing, M
aison Placements
August 25 (King World News) – In the ultimate reality show, America’s political scene has become a reality drama and to no surprise, reality TV star Donald Trump has capitalized on the public frustration, however his solution, is to build a wall. Ironically, Mr. Trump is viewed as the candidate representing change and Hillary Clinton does not. Despite behind in the polls, Mr. Trump may still win. Although if he can’t build a “coalition of the willing” within his own party, how is he going to unify a divided America?..."

The World Is About To Witness A Terrifying Mega-Bubble Collapse

"With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned King World News that the world is about to witness a terrifying mega-bubble collapse.
A Massive Black Hole For The Fed & Financial System
Egon von Greyerz: 
 “The more things change, the more they stay the same. The financial world loves focusing on some future event that they think will change everything. There is always some economic data, an important meeting like G20, the Fed, the ECB or a speech by Yellen or some other central bank head who hasn’t got a clue what is happening or what will happen. So now at the end of August, markets have all been focusing on Yellen’s speech at Jackson Hole, Wyoming. Jackson Hole is of course a very befitting name since what the Fed is staring into is a massive black hole into which major parts of the financial system will disappear…"

Thursday, July 21, 2016

Potential Crisis Triggers Continue To Pile Up In 2016

"Submitted by Brandon Smith via,
We are a little over half way through 2016 and, at the current rate, it will be amiracle if the year finishes without outright catastrophe in half the nations of the world. Some might call these events “Black Swans,” some might call them completely engineered threats, others might call it all a simple “coincidence” or a tragedy of errors. I stand strictly by the position that most of the dangers we see today have been deliberately escalated, if not strategically implemented.
Here is the problem; international financiers and globalist nut-jobs are clearly operating on a timeline with the end goal of creating enough general chaos to convince the masses that complete centralized authority over every aspect of our lives is preferable to constant fear.
For a more in-depth analysis on the schemes of the elites, see my articles Are Globalists Evil Or Just Misunderstood and Globalists Are Now Openly Demanding New World Order Centralization.
In order to elicit this kind of thinking from the public, crisis events are required that will cause many human beings to act, for the most part, like rabid animals. How would this be accomplished? Well, what does history tell us about that which inspires people to sometimes sacrifice their moral code or to bow down to tyrants? Usually a loss of necessities is required — including a lack of employment, lack of production, lack of serviceable shelter, lack of ample food and clean water, lack of medical care, lack of overall security and a sense of safety, etc..."

ALERT: SentimenTrader Just Issued An Extremely Important Update On The Gold Market

"With pressure to the downside in both the gold and silver markets, below is an extremely important update on the gold market that was just issued by SentimenTrader.
From Jason Goepfert at SentimenTrader:  Optimism is leading out of the gold stocks. The Optimism Index on the Junior Gold Miners ETF (GDXJ) fell below 10 for the 6th time in the past year (see chart below).
KWN SentimenTrader I 7:20:2016
Each of the other times, it snapped back the next day by at least 2%. Even over the past 5 years when the fund was mostly in a persistent downtrend, it rallied over the next 1-2 days more than 60% of the time when the Optix fell below 10. So anything less from here will be an initial hint that the good run this year is running out of steam. A market that cannot rally from extreme short-term pessimism usually has bigger problems.”

Wednesday, July 20, 2016

David Stockman On The Coming Global Collapse As One Short Seller Warns “I Have No Idea How Long They Can Keep Pretending”

"With continued uncertainty in global markets, David Stockman weighed in on the coming global collapse and one short seller warned, “I have no idea how long they can keep pretending.”
By Bill Fleckenstein President Of Fleckenstein CapitalJuly 19 (King World News) – Overnight equity markets were slightly lower, with bonds markets slightly higher in uneventful trading. As for our equity market, Netflix provided some fireworks, as it lost badly at the game of beat-the-number and the stock price was hammered for 14%. IBM, however, managed to win at Wall Street’s favorite game by making enough acquisitions to make the estimates. For those keeping score at home, revenues were down about 3%, making this the seventeenth quarter in a row for that feat. Debt now stands at $42 billion and book value is minus $27…"

Legend Jeremy Grantham Just Issued A Dire Warning To The World

"With the U.S. dollar continuing its surge as gold and silver pull back, legend Jeremy Grantham has issued a dire warning to the world.
A portion of today’s note from Art Cashin:  “You’re Gonna Need A Bigger Boat! – As you hopefully remember, that’s the famous line from the movie, “Jaws”, uttered when the authorities realize that the problem (the shark) is much, much larger than they first assumed..."

Sunday, July 10, 2016

Stockman Warns Of "Awful Price To Be Paid For One-Way Markets"

"Submitted by David Stockman via Contra Corner blog,
The boys and girls on Wall Street are now riding their bikes with no hands and eyes wide shut. That’s the only way to explain Friday’s lunatic buying spree in response to another jobs report that proves exactly nothing about an allegedly resurgent economy.
When the S&P 500 first hit 2130 back in May 2015, reported LTM earnings were $99.25 per share, and that was already down 6.4% from the cyclical high of $106 per share in September 2014. Thus, stocks were being valued at a nosebleed 21.5X in the face of falling earnings.
During the four quarters since then, reported LTM earnings have slumped by a further 12.3% to $87 per share. So that brings the “cap rate” to 24.5X earnings that have shrunk by 18% over the last six quarters.  Wee!
You have to use the parenthetical because the casino is not capitalizing anything rational. It’s just drifting higher in daredevil fashion until something big and nasty stops it..."

Is The BIS Setting Up The World For Another Meltdown?

"On the heels of another wild trading week, is the Bank for International Settlements (BIS) setting up the world for another meltdown?
(King World News) Stephen Leeb:  In 2013, the Bank of International Settlements (BIS), one of the most powerful institutions you may never have heard of – blew it. It snubbed gold. I’ll explain how in a moment – contributing to gold sinking from $1,800 an ounce in October 2012 to below $1,200 by the end of June 2013, a massive 35 percent plunge in a mere eight months. The downtrend continued until the end of last year when gold briefly traded below $1,050…
Continue reading the Stephen Leeb interview below…"


Saturday, July 9, 2016

Gerald Celente – The Last Great Opportunity To Buy Gold & Silver

"Today top trends forecaster Gerald Celente spoke with King World News about the action in gold and silver and what KWN readers around the world should expect next.
(King World News) Gerald Celente:  $10.7 trillion of negative yields — that is what is driving the gold market, along with the turmoil in the currency markets. The British pound just plunged over 20 percent in a matter of days. So these are the catalysts for the bid in the gold market…
Continue reading the Gerald Celente interview below…"