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…"

at http://kingworldnews.com/jean-marie-eveillard-oversees-90-billion-i-suspect-this-might-end-badly/

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…"

at http://kingworldnews.com/the-road-to-financial-armageddon/

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…"

at http://kingworldnews.com/james-turk-deutsche-bank-failure-to-usher-in-the-next-great-depression/

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…."

at http://kingworldnews.com/andrew-maguire-a-staggering-1000-tonnes-of-paper-gold-rinsed-out-of-the-market-today/