Today a legend who was asked by the Chinese government to give a speech to government officials in China spoke with King World News about a surprise shocker and China’s latest moves and that will create an upside explosion in the price of gold.
Eric King: “John, I know you are connected at the highest levels, what about this Deutsche Bank situation and their failure to deliver gold?... read more
I have finished my book on the upheaval represented by the Trump candidacy and movement. It will be published soon, and is an exploration of how 30 years of Bubble Finance policies at the Fed, feckless interventions abroad and mushrooming Big government and debt at home have brought America to its current ruinous condition.
It also delves into the good and bad of the Trump campaign and platf... read more
As we await the release of the U.S. jobs report on Friday, in order to see which direction it sends markets hurtling, is this new technology about to radically change the world forever?
Anyone who’s conversed with Apple’s Siri or Microsoft’s Cortana has made friends with a chatbot. A chatbot is a form of artificial intelligence that responds in a conversational manner, in print... read more
Clients of Germany’s biggest bank who have invested in the exchange-traded commodity Xetra-Gold are facing problems when they want to obtain physical gold, according to German analytic website Godmode-Trader.de.
Germany wants its gold back
Xetra-Gold is a bond on the Deutsche Börse commodities market, and Deutsche Bank is a designated sponsor. On the website, Xetra-Gold says its client... read more
As we get ready to enter September, a former associate of George Soros says the “fix” is in.
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, where is the gold market after what has been a powerful up-move so far this y... read more
As we come to the end of what has been a wild summer, this firm has issued a nearly $60 target for the price of silver.
– Valuations are always subjective. They are in the eye of the beholder and often vary considerably. Objective factors, such as production costs are entirely irrelevant for valuations. The market value of a masterwork painted by Vincent van Gogh is significantly higher... read more
The roads in Illinois are in decay. This may be the first state to go bankrupt. The question is not if, but when. State unions are so greedy that they are destroying the very state. This is exactly how Rome fell — government employees against the people.
Seven states have constitutional provisions that state employee pensions must come BEFORE everything, including debt payments. Since the... read more
As we get ready to enter the final day of trading for this summer, here is a fascinating note on Pierre Lassonde, $10,000 gold, the BIS, and a desperate gold swap dealer short position.
Trouble For Major Swap Dealer Short The Gold Market
King World News was informed today by one prominent gold trader that this historic run in the gold market has created enormous problems for entities who ha... read more
QUESTION: Mr. Armstrong, What comes first? The banking Crisis or the Sovereign Debt Crisis?
Thank you for bringing our attention to these events
OD
ANSWER: The central banks are trapped. They can no longer even hope to sell the bonds they have bought in a vain attempt to stimulate the economy. So government can, in theory, keep their rates at zero as long as the central banks buy it, b... read more
