Shocking Chart Shows Gold Will Rise Over 100% In One Year

"...The disinformation coming from the mainstream media really makes one shake their head in disbelief.  Everyone following KWN is getting the information that the mainstream media will not share with the public, like the following chart which I presented at the beginning of 2014.  I have updated it to make it current. 

 

King World News note:  If you look at Turk’s astonishing chart above, it reveals that gold and the S&P 500 have essentially tracked the increase in the Fed’s balance sheet over a period of many years.  This remained the case until Western central planners made the decision to intervene in and manipulate the gold market in a much more aggressive manner.  As the chart above clearly illustrates, what they have done to the price of gold is totally unsustainable, but it is breathtaking to look at the distortion in the very short-run.

Turk continues: “We can clearly see the base that gold has been forming, just as clearly as we can see the intervention by central planners.  It is illustrated by the breakdown in the correlation between the expansion of the Fed’s balance sheet when it announced a $1 trillion QE program in March 2009, and the simultaneous rise in gold and the S&P 500 up to January 2013."

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/3/31_Shocking_Chart_Shows_Gold_Will_Rise_Over_100_In_One_Year.html