Wednesday, February 21, 2018

Despite Pullback, Gold’s Mega-Breakout Is About To Unfold!

"After what has been a chaotic start to 2018, gold’s historic mega-bullish breakout is close to unfolding!
February 21 (King World News) – Many KWN readers around the world had been wondering why gold has been in such a tight trading range with frequent takedowns, so we published this piece last Friday.  What we did not include was the (updated as of Feb. 15th) look at the daily gold chart which showed a cup and handle breakout close at hand, despite the recent volatility (see chart below)..."

Tuesday, February 20, 2018

John Embry – This Is The Real Reason For Today’s Takedown In Gold & Silver

"With continued uncertainty in global markets, John Embry spoke with King World News about the real reason for today’s takedown in gold and silver.
The Initial Stages Of Accelerating Inflation
February 14 (King World News) – John Embry:  “Eric, it’s been a bit since we last spoke and upon my return and I have noted little change since I left.  Inflation is on the move globally and is just in its initial stages of acceleration.  Interest rates do not reflect this reality in the least, and as a result, financial markets remain at historically overpriced levels…"

Monday, February 19, 2018

Greyerz – Pandora’s Box And Disastrous Worldwide Consequences

"As we get ready to kickoff trading at the start of a new week, today the man who has become legendary for his predictions on QE and historic moves in currencies, warned King World News that Pandora’s Box is about to be opened once again and it will lead to disastrous worldwide consequences..."


Thursday, February 15, 2018

Gerald Celente Just Issued This Major Trend Forecast For Gold & Stocks

"Today the top trends forecaster in the world, Gerald Celente, just issued this major trend forecast for gold and stocks.

The Beginning Of The End
February 14 (King World News) – Gerald Celente:  “The Trends Journal was first to forecast the Trump Rally after Donald Trump won the race for the White House in November 2016. And, this past December, with equities prices soaring, we were the first to predict a 10-percent market correction in 2018.

We now forecast that the turbulence hitting Wall Street and rattling equity markets worldwide, signals the beginning of the end of the Trump Rally. Stock prices may go higher, but the long-term trend lines are heading lower…"


Wednesday, February 14, 2018

James Turk – This Is What Really Triggered The Massive Spike In Gold & Silver Today

"With gold and silver surging strongly, James Turk spoke with King World News about what really triggered the massive spike in gold and silver today.
Precious Metals Spike
By James TurkFebruary 14 (King World News) – James Turk:  “Today was a very important day for gold and silver, Eric. The reaction in their prices to the CPI released earlier today provides us with some very valuable insight into the state of the precious metals market. And this insight is bullish for both precious metals…"

Tuesday, February 13, 2018

ALERT: This Is What Is Guaranteed To Cause Major Chaos In 2018

"On a day where stocks are soaring and almost everything else on the board is trading on the upside, it appears the central bank put is now in trouble and this will have serious ramifications in 2018.

Central Bank Put Is In Trouble
By Peter Boockvar, author of the Boock Report
February 12 (King World News) – Here is what Peter Boockvar wrote as the world awaits the next round of monetary madness:  While stocks are getting a respite as it bounced like magic off its 200 day moving average on Friday and now is working off its oversold condition, there is no bounce to bonds at all. The 10 yr yield at 2.88% is sitting at what would be a closing multi year high…"


Sunday, February 11, 2018

Takedown Setting The Stage For “Goodbye US Dollar” As China To Revalue Gold Sharply Higher

"As we end what has been a wild couple of weeks of trading, today one of the top money managers in the world told King World News that the takedown in the gold market is setting the stage for “Goodbye US dollar” as China is going to revalue the price of gold sharply higher.
“Goodbye US Dollar”
February 10 (King World News) – Dr. Stephen Leeb:  “But as the yuan, in which oil will be a very big deal, becomes more used (in global transactions), you are going to see the yuan become more active in terms of trade, and the price of gold will have to be revalued higher and I think the price could go up very sharply.  
And I think you are going to see this (trend) until there’s a recognition that (oil), gold, and the yuan are the new thing in the East.  So this correction in the market is saying, ‘Goodbye US dollar.’  The dollar has rallied a little bit in the past couple of days but it is quite a bit lower and it will stay down.  The dollar is likely to fall through the floor.  And you are going to have…"

Friday, February 9, 2018

China Is Developing AI-Enabled Nuclear Submarines That Can Think For Themselves

"A top-level scientist just confirmed that the Peoples Liberation Army Navy (PLAN) is currently building artificial intelligence–powered nuclear submarines that can think for themselves, according to the South China Morning Post.
According to the scientist, who requested their name be withheld because of the “project’s sensitivity,” told the South China Morning Post that China is in the process of upgrading the legacy computer systems of its older submarine fleets with deep learning algorithms to enhance the thinking skills of commanding officers..."

"Worst Case Scenario" Emerging: Morgan Stanley Warns "Selling Has Shifted"

"Confirming JPMorgan's "worst case scenario" that forced de-levering in vol-based strategies would lead to retail ETF outflows and create a vicious cycle downwards, Morgan Stanley's Christopher Metli warns that today’s moves lower are likely not being driven by systematic supply – this appears to be more discretionary selling.
Risk-Parity funds are seeing some of the biggest losses in history..."


Russia, India May Sign Contract on S-400 Air Defense Systems Supplies Soon

"NEW DELHI (Sputnik) - Negotiations between Russia and India on the supplies of S-400 air defense systems are "at the final stage," the contract may be signed any day now, Russian Ambassador to India Nikolay Kudashev told Sputnik in an interview.
"As far as I know, the negotiations [on the S-400 supplies] are at the final stage. I have received such information from the country’s Defense Ministry. We expect signing of the contract any day now," Kudashev said.
As the Russian diplomat noted, there is nothing surprising in the fact that the negotiations have continued for a while, given the seriousness of the issue..."

PHOTOS Show Alleged Soviet Nuclear-Powered Satellites in Space

"A series of satellites equipped with on-board nuclear power units were launched by the Soviet Union between 1965 and 1988, in a bid to monitor NATO warships.

Dutch astronomer Marco Langbroek has photographed what he claims are the Soviet nuclear-powered satellites Kosmos-1860 and Kosmos-1412.

When posting their photos on his Twitter page, he referred to them as RORSAT (Radar Ocean Reconnaissance Satellites), an abbreviation that was used by Western countries when codenaming the Kosmos-1860 and the Kosmos 1412.

The photos, which were made in the Dutch town of Leiden, show what look like at least two bright points, seen against the background of stars in outer space..."


US to Bear Responsibility for Results of New Anti-Korean Sanctions - Moscow

"MOSCOW (Sputnik) – Moscow is deeply disappointed by the latest US statements on the possibility of new "aggressive" sanctions against North Korea, such intentions create an atmosphere of tension amid signs of dialogue between Seoul and Pyongyang, Russian Deputy Foreign Minister Sergei Ryabkov told Sputnik.
"The US Administration has once again put in question the labored groundwork for political and diplomatic movement forward [in settling the North Korean crisis]. Thus it will bear the responsibility for the possible outcomes of this," Ryabkov said.
On Wednesday, US Vice President Mike Pence said that the United States would soon roll out its "toughest and most aggressive" round of economic sanctions to ensure the denuclearization of North Korea..."

North Korea shows off new ICBM at military parade

"TOKYO, February 8. /TASS/. North Korea has rolled out its new Hwasong-15 intercontinental ballistic missile (ICBM) at a Pyongyang military parade, which is being broadcast by the country’s Central Television.

The North Korean military demonstrated at least four launchers with Hwasong-15 ICBMs painted in their typical black hue and also several prime movers with Hwasong-14 intercontinental ballistic missiles.

The Hwasong-15 has a flying range of about 13,000 km and, theoretically, the entire territory of the US is within its reach. The Hwasong-14 has a flying range of about 10,000 km.
North Korean leader Kim Jong-un reviewed the parade. He listened to a report from the parade commander and then ascended to the tribunes of Kim Il Sung Square where military parades traditionally take place.
According to South Korean media reports, about 13,000 troops participated in the parade. It was held for the first time since April last year and was timed for the 70th anniversary of the founding of the Korean People’s Army..."


Thursday, February 8, 2018

Three Top Russian Officials Visit United States

"Nothing like this ever happened even at the best of times. The heads of three Russian intelligence agencies all visited the US simultaneously. This is an extraordinary and unprecedented event, especially at a time when that relationship has so greatly deteriorated. Sergei Naryshkin, the foreign intelligence chief, Alexander Bortnikov, who heads the Federal Security Service, and Lieutenant General (two stars) Igor Korobov, the head of Russia’s military intelligence, visited Washington in late January. Not much has been leaked to the media but it was reported that they met with CIA Director Mike Pompeo. There was no secrecy about the visit or attempts to hush it up. The Russian ambassador to the US, Anatoly Antonov, mentioned the event on television. He claimed that the visit had been a success and that despite the extreme tension between the two countries, their intelligence agencies were continuing to cooperate. As he put it, "Politics is politics, work is work. There are political proclamations, and there is real work."


Sky's the Limit: Russian Military to Start Combat Trials of Stealthy Su-57 Jet

"The new plane is Russia's entry in the fifth-gen multirole stealth fighter jet category.
"We are buying Su-57 jets for combat trials. The first stage of state trials has been concluded," Deputy Defense Minister Yuri Borisov said, speaking to reporters during a visit to the Komsomolsk-on-Amur Aircraft Plant on Thursday. The plant is expected to build the planes when mass production kicks in.
According to the senior officer, a contract for the delivery of a pilot batch of 12 Su-57s will be signed this year.
Borisov clarified that the first two planes from this batch may enter service with the Armed Forces in 2019. He added that 12 Su-57s have already been built during the development of the aircraft, known as the PAK FA, or 'Prospective Aviation Complex of Frontline Aviation' before being christened the Su-57 last year, with ten of them continuing flight testing..."


China Deploys 300,000 Soldiers To N.Korean Border In "Preparation For Potential War"

"While the specter of a nuclear war with North Korea has faded in recent weeks, China is not taking chances, and ahead of the Winter Olympics in South Korea, the Chinese government has deployed 300,000 troops and multiple mobile strike groups to its highly-guarded border with North Korea, a move which signals that Beijing is quietly gearing for a potential crisis between Kim Jong Un and the United States in the coming months.

According to South Korea’s Chosun Ilbo news, "China is preparing for a potential war on the Korean Peninsula by reinforcing missile defenses near the border with North Korea" citing a report from Radio Free Asia. "Military units in Yanbian were relocated from Heilongjiang Province, thus adding 300,000 troops along the border."
RFA quoted a North Korean source in China that the Chinese military late last year deployed another missile defense battery at an armored division in Helong, west of Longjing in the Yanbian Korean Autonomous Prefecture. Now it is deploying missile defense batteries near North Korean reservoirs by the Apnok and Duman rivers.
The reason for the increased missile presence is that Chinese troops in the border area could be swept away if the North tore down the banks of the reservoirs or they were destroyed by missiles or air strikes, the source added.
On Jan. 24, Taiwan's Central News Agency reported that the 78th Group Army, the first Chinese military unit that would cross the border into the North in the event of a war on the Korean Peninsula, has been armed with newest surface-to-air missiles against South Korean and U.S. aircraft and missiles.
The reported deployment comes just days before the start of the 2018 Winter Olympic Games in South Korea.
What is peculiar about this escalation is that it comes as Kim Jong Un’s regime has - at least optically - attempted to “thaw” relations with Seoul, wishing the South Korean government a “successful” competition and hoping to “ease military tensions” before the games begin. In a rare case of Korean unity, both North and South Korea plan to march into the Opening Ceremonies under a “united Korean flag” and will combine their female hockey teams.
Meanwhile, Trump has been busy pushing his domestic agenda to engage in twitter bickering and comparing nuclear button size with Kim Jong-Un, allowing tensions between the two nuclear-armed nations to ease in recent weeks, although if China knows something, this tentative detente will not last long..."


Unleash The Debt: Why The Senate Budget Deal Is Sending Yields Surging

"When we commented last night on the Senate's proposed bipartisan "deficit-busting" spending deal - one which will raise spending caps by $300bn over the next two years and incorporate a suspension of the debt limit until March 2019 - we observed that "the agreement will achieve one thing - lead to a surge in US debt issuance, and - by implication - even higher yields, leading to an even steeper drop in the market, not to mention more frequent VIX-flaring episodes."
With yields jumping and stocks sliding, so far this prediction appears on target.
As a reminder, one month ago Goldman predicted that  US debt issuance would more than double, rising from $488bn in 2017 to $1,030 billion in 2018..."


ALERT: Markets Calm After Wild Trading, But This Is Worrying…Plus A Warning From A Legend

"Markets have calmed after wild trading, but this is very worrying…Plus a warning from a legend in the business.
Wild Trading In Major Markets May Not Be FinishedFebruary 7 (King World News) – The following is from Andrew Adams at Raymond James:  S&P 500 Was 5 Standard Deviations Beneath the 10-Day Moving Average: One of the many signs of downside extremes this week was the fact thatthe S&P 500 was 5 standard deviations beneath its 10-day moving average, the most “oversold” it had been since August 2015. Hopefully, this is yet another sign that the worst is behind us..."

Wednesday, February 7, 2018

Boeing's Hypersonic Strike-Aircraft Can "Buzz Around The World In 1-3 Hours"

"Last month, we noted that “hypersonic aircraft and missiles are being developed and tested by the United States, Russia, and China at an accelerating pace.” While the race for hypersonic technologies has certainly flourished among global superpowers, who realize that the first to possess these technologies will not just revolutionize their civilian and military programs, but will also dictate the future path for civilizations on planet earth.
There is a fierce competition between Lockheed Martin’s Skunk Works team and the Boeing Company to harness such technologies. Back in January, a Skunk Works Executive hinted that a U.S. hypersonic bomber has “already been made.”
Oddly enough, internet sleuths on Google Earth last month discovered a secret hypersonic aircraft hiding at a mysterious Florida airbase located down the street from President Trump’s Mar-a-Lago resort.


ALERT: Celente Just Issued Major Trend Forecasts Following Wild Trading In Global Markets

"Today the top trends forecaster in the world, Gerald Celente, warned yes, the stock market is convulsing, but this event is what will cause a worldwide crash that will cause the price of gold to surge hundreds of dollars higher.
February 6 (King World News) – Gerald Celente:  “The Trends Journal was first to forecast the Trump rally and first to predict a 10-percent market correction.
What’s next?
What will crash the market? “It’s interest rates, stupid.” No clearer proof is needed then how Wall Street’s fear of aggressive interest rate hikes drove the Dow down 666 points following last Friday’s favorable jobs report and higher than expected wage increases.
The fact is, it was super low interest rates and the Quantitative Easing policy of central banks pumping trillions of dollars of free money into banks, hedge funds and mega-investment firms that fueled the nine-year market rally.
What will stop a market crash? “It’s the economy, stupid.” And the US and global economies are in the best shape since the Panic of ’08 and corporate earnings are solid and are expected to increase as a result of Trump’s tax plans. And much of that money will go into stock buy backs.
However, our prediction of a 10-percent correction was inevitable. The Dow,’ up 34 percent since Trump’s election, is overvalued and over leveraged. By historical standards, price-earnings ratios are nearing the high end of their ranges. Clearly, the sell-off was imminent and volatility will continue until the markets find a new bottom and a sustainable trading range..."