With the world focused on the Fed decision, today top trends forecaster Gerald Celente issued an important trend forecast for the rest of 2016. Central Bank policies rule the financial world. Their never-in-the-history-of-the-world negative and historically low interest rate policies, plus massive government and corporate bond buying schemes have enriched equity markets but not the general... read more
Gold will likely soar to a record within five years as asset bubbles burst in everything from bonds to credit and equities, forcing investors to find a haven, according to Old Mutual Global Investors’ Diego Parrilla. The metal is at the start of a multi-year bull run with a “few thousand dollars of upside” in a world of “monetary policy without limits” where central banks print l... read more
Robert McEwen, one of the gold’s industry’s most unabashed bulls, is predicting prices could surge as much as 44 percent by the end of the year as confidence in the economy buckles. The metal could trade in a range of $1,700 an ounce to $1,900 by the end of 2016 as uncertainty builds around the stability of global currencies and sovereign debt, said McEwen, who’s so enamored by bullion... read more
I have been advised many, many times that I would suffer a lot less seething hostility from co-workers, neighbors and family members (including the one, not mentioning any names, that promised to love, honor, ‘til death do us part with this ring I thee wed blah blah blah) if I would stop being so critical of people, to the point of cruelly belittling these, what is the word I am looking for?... read more
In past issues, we’ve documented increasingly concerned billionaires warning of dangerous economic times. Many have favored gold as an alternative allocation in a world where $13 trillion-worth of debt is negative yielding, interest rates are artificially suppressed and we’re on the brink of major wars. The newest addition to this gold-loving billionaire’s club, is none other than he... read more
As the world awaits this week’s Fed decision, today James Turk warned King World News that the world is headed for a crisis far worse than 2008. James Turk: “The Federal Reserve’s 2-day monetary policy meeting this week should be an interesting one, Eric, but not because they are going to raise interest rates. Rather, it will be interesting to hear their explanation regarding why they... read more
As we get ready to enter the final quarter of 2016, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, just spoke with King World News about the roadmap to $10,000 gold and $1,000 silver. Egon von Greyerz: “If you look at the euro, it’s not going to survive. At some point European investors will realize that and th... read more
Ray Dalio appeared on Bloomberg to give a special talk about why economies and stock markets stagnate and fall into recessions. The talk, which you can find below, is a special look into what role Dalio thinks. He also shares his thoughts on what everyone misunderstands about financial markets and gives two simple tips for anyone wanting to be an investor: 1.Dalio says, "I would not want t... read more
As we continue to see increased volatility in mid-September, a former associate of George Soros just warned the price of gold is going to skyrocket to $2,000. Victor Sperandeo manages over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below is what Sperandeo had to say. Eric King: “Victor, what is going... read more