DB stock is now in a full panic sell-off as I write this. It just hit another new all-time NYSE low on by the heaviest volume ever in the stock since its 2001 NYSE listing. It’s currently down almost 10%. No doubt the Central Banks will try to bounce it. Deutsche Bank may well be the scapegoat this time around just like Lehman was the scapegoat in 2008. Central Banks in collusion can pr... read more
On the heels of continued problems at Deutsche Bank, a legend who oversees more than $180 billion warned King World News that the world financial system “is headed for a train wreck.” Legend Rob Arnott, whose firm helps to oversee $180 billion globally, warned the world financial system “is headed for a train wreck.” Eric King: “Rob, the central banks have been insane for... read more
As the monetary madness continues, some of what you will read below is difficult to comprehend because it seems totally unimaginable. “If you have the power to print money, you’ll do it. Regardless of any ideologies or statements, that you should limit your counterfeit operations to three percent a year as the Friedmanites want to do. Basically you print it. You find reasons for it, yo... read more
Why 'radioactive' Deutsche Bank could go nuclear at any time, experts warn TROUBLED Deutsche Bank's huge exposure means the firm could have a devastating impact on Europe's financial system if it were allowed to fail, experts have warned.Deutsche GETTY Deutsche Bank's share price has fallen dramatically in 2016 Germany's biggest bank reportedly has a $45 TRILLION (£34trn) portfolio... read more
With the world focused on the usual propaganda from the mainstream media, today top trends forecaster Gerald Celente said what is happening in the real world is extremely disturbing. Presidential Election will not affect economy. What will?? Gerald Celente —From Asia, to Europe to America, equity markets around the world on Monday swayed in anticipation of who would win the Presidenti... read more
As we kick off the final week of trading in September, today James Turk issued a warning to King World News for this week regarding the gold and silver bull markets. James Turk: “September has so far been a good month for the precious metals, Eric. As of today’s close in New York, gold has risen 2.5% this month, while silver has jumped 4.7%… So both metals are continuing the string... read more
Is this the beginning of the end for cash? As consumers have increasingly used credit and debit cards and made purchases online and on apps, they’ve used less and less cash; in 2016, consumers will spend a greater amount on cards than they do with cash for the first time, according to the market-research firm Euromonitor International, which has been tracking consumer payments over the las... read more