Today I received the following email from one of the largest gold and silver dealers in the United States: Eric, do you really believe the establishment will allow it (gold) to ever take off? … It makes sense economically to skyrocket, but the manipulation seems very effective. I decided to share my response with the KWN readers around the world: Gold Price To Be Unleashed By D... read more

As we get ready to what should be a very exciting fall, one firm is calling for a significant upward revaluation of gold. “The cycle of manias and panics results from procyclical changes in the supply of credit… Money always seems free in manias.” — Charles Kindleberger Sept – In order to prevent a credit collapse, which would be fatal for the monetary system, central banks ha... read more

For some reason Alan Greenspan’s opinions are still taken seriously. No one single person has done more to damage the economic long run that his Keynesian training told him would never matter. We are living in that increasingly desolate long run, and yet somehow to the media to some nontrivial extent beyond it he has maintained credibility. What is most offensive is that he now acknowledges... read more

We are accustomed to looking at Europe’s woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail and not survive the next financial crisis. We normally survive financial crises, thanks to the successful actions of central banks as lenders of last resort. However, the origins and construction of both the the euro and the EU itself... read more

Last Thursday, the Consumer Financial Protection Bureau (CFPB) announced that Wells Fargo was paying $185 million in fines and penalties for allowing its employees to open “more than two million deposit and credit card accounts” that were not authorized by its customers. The employees were attempting to “hit sales targets and receive bonuses.” In one of the most audacious forms of bank... read more

With many investors worried about the economic turmoil that has engulfed the globe, the coming crash will create an economic tsunami, skyrocketing gold, and usher in a whole new world. Gold Will Anchor New Monetary System Stephen Leeb: “All roads lead to Rome, which is to say there are many ways the Chinese have of effecting a new monetary system that will include gold as an anchor. The... read more

In the post 2008 era, the Globalists made a major push to hold the system together. The multi-billionaire class, particularly those who made fortunes from crony capitalism and bubble economics joined forces with the Keynesian media shills to convince the world that the only way we would survive would be if trillions of Dollars were given to those who were deemed “systemically important.”... read more

With the ECB expanding its quantitative easing program to include corporate debt, European companies are now scrambling to issue as much debt as they can as cheap rates. These issue are selling BECAUSE it is assumed they have a guaranteed bidder being the ECB. At least this part of the QE is far better than buying government paper. Ferrovial Emisiones SA of Spain sold bonds maturing in Septembe... read more

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, warned King World News about what is going to devastate people all over the world. In a King World News interview I spoke with the man who predicted the Swiss National Bank would experience staggering losses and that the... read more