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/

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

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/

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/