Sunday, November 19, 2017

The Man Who Predicted Friday’s Gold & Silver Surge Now Says Metals May Be Ready To Fly

"The man who predicted Friday’s gold and silver surge now says metals may be ready to fly.
How Did You Know?
November 18 (
King World News
) – 
Eric King:  “James, quite a day today.  And yesterday you did an interview with KWN where you predicted that the price of gold and silver was going to go against the central planners, that they were in a moment of crisis, that this manipulation wasn’t going to go their way, and gold and silver were going to begin to spike aggressively.  It started to happen on the tape today.  How did you know?”
Markets Are More Powerful Than Central Banks
James Turk:  
“Eventually the markets are always more powerful than central banks. Eventually the markets do takeover.  And it’s just sort of my sense after waiting so patiently for so long that the markets were going to gain the upper hand.  So today’s action is very, very positive.  
It’s a little bit intuitive.  I guess it’s experience.  I’m 70 years old, so I’ve been at this for many, many decades, and I’ve seen these situations before.  I remember the 1987 situation very well — how silver doubled in a matter of just a few weeks.  In 2010-2011, silver more than doubled — I remember that like it was yesterday.  And I’ve got the same sense that we are very close to the same kind of event and I’m very encouraged by what happened today, but…"
at https://kingworldnews.com/the-man-who-predicted-fridays-gold-silver-surge-now-says-metals-may-be-ready-to-fly/

James Turk – Central Planners About To Have A Moment Of Crisis In The Gold & Silver Markets

"Today James Turk answered the question everyone is focused on in the gold and silver universe and he also warned that central planners are about to have a moment of crisis in the gold and silver markets.

November 16 
(
King World News) – 
James Turk:  “When we spoke a few weeks ago, Eric, gold was $1,278 and silver was $17.06. Today gold and silver closed in New York at $1,279 and $17.07. Although their prices haven’t changed much from where they were a few weeks ago, there is a lot going on beneath the surface. We are seeing the market forcing the hand of central planners, rather than the other way around. This is good news for gold and silver…"
at https://kingworldnews.com/james-turk-central-planners-about-to-have-a-moment-of-crisis-in-the-gold-silver-markets/

Sunday, November 12, 2017

Whistleblower Andrew Maguire Says U.S. Plunge Protection Team Orchestrated Today’s 17 Minute Raid In The Gold Market

"After a $4 billion sale of paper gold took place in less than one minute, a question began to arise: Who was it that sold the paper gold? The answer according to London metals trader Andrew Maguire, who spoke with King World News shortly after today’s raid, is that it was the US Plunge Protection Team that was responsible for the takedown.
Today’s 17 Minute PPT Gold Raid
November 10 (
King World News
) – 
Andrew Maguire:  “This week’s synthetic gold and silver action incensed most traders. Clearly the Plunge Protection Team (PPT) was behind a full week of counterintuitive selling, culminating in a major raid directly after London cleared trades today…"

at https://kingworldnews.com/andrew-maguire-it-was-the-plunge-protection-team-that-conducted-the-17-minute-raid-in-the-gold-market/

China’s Bold Plan To Reshape The World’s Monetary System With Gold & Blockchain

"Today one of the greats in the business discussed China’s bold plan to reshape the world’s monetary system with gold and blockchain.
Ghost Cities Coming Alive
November 12 (
King World News
) – 
Dr. Stephen Leeb:  “Early this decade, the Chinese city Zhengzhou was often cited as a poster child of Chinese development run amok. The West derided it as the quintessential ghost city, a lavishly appointed metropolis missing just one thing; residents. Today, just five or so years later, according to Bloomberg, Zhengzhou is a bustling city benefiting from a surrounding network of infrastructure that was similarly viewed as mere busywork designed to line the pockets of corrupt bureaucrats. The new roads and rails put Zhengzhou within easy reach of Beijing, Shanghai, and other major economic hubs. Moreover, the city has become a key link between China and the country’s One Belt, One Road initiative, connecting it by rail to Central Asia, Russia, and Europe, all critical parts of Eurasia. A once nearly deserted airport now sees its world-class runways host cargo traffic growing by more than 30 percent a year…"

at https://kingworldnews.com/chinas-bold-plan-to-reshape-the-worlds-monetary-system-with-gold-blockchain/

Sunday, November 5, 2017

The Imbalances Are Immense. Plus A Look At Gold And The Mining Shares

"As we move through the first week of trading in the month of November, one of the greats in the business stated, “The imbalances we have are just immense.” Plus there is a look at gold and the mining shares.
By Bill Fleckenstein President Of Fleckenstein CapitalNovember 2 (King World News) – Yesterday I noted the macro roulette staring us in the face, but I neglected to note that the Republican tax plan was also due to be unveiled today. This will be a case where the devil is in the details for sure, but it does appear that the proposed bill will be a tax cut for corporate America and, while some individuals will see lower taxes, others will pay more. Whether the bill is passable, I don’t have an opinion yet, but what I can say is that it is not at all clear to me how cutting corporate taxes will de facto create jobs. Could it? Yes. Will it all by itself? I am not so certain…"
at https://kingworldnews.com/the-imbalances-are-immense-plus-a-look-at-gold-and-the-mining-shares/

Billionaire Pierre Lassonde – Will $12,000 Gold Become A Terrifying Reality?

"With the price of gold and silver pulling back, today legend Pierre Lassonde told King World News that $12,000 gold may become a terrifying reality.
Lassonde is arguably the greatest company builder in the history of the mining sector.  He is past president of Newmont Mining, former chairman of the World Gold Council and current chairman of Franco Nevada.  Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets..."
at https://kingworldnews.com/legend-pierre-lassonde-will-12000-gold-become-a-terrifying-reality/