A note from Morgan Stanley is in the piece below about a possible opportunity in the gold sector.
The overnight financial asset party continued around the globe, with nearly all major stock and bond markets higher. Despite extremely disappointing productivity data (Q2 was reported at –0.5% versus expectations of +0.4%), our equity market followed the rest of the world higher, gaining... read more
- Gold posted gains in Asia on Wednesday as investors followed an overnight trend in the face of renewed expectations of a Fed rate hike this year and better than expected machinery orders data from Japan.
On the Comex division of the New York Mercantile Exchange, gold for December delivery rose 0.52% to $1,353.65. Silver futures for September delivery jumped 0.89% to $20.027 a troy ounce,... read more
Today the top trends forecaster in the world, Gerald Celente, spoke with King World News about a few of what will be the remarkable top trends for 2017 and how people can profit from them.
Eric King: “Gerald, the top trends for 2017, let’s talk about something that is starting to surface (that is on your list of top trends for 2017) — virtual reality and what the opportunities will be... read more
With continued uncertainty in global markets, today James Turk spoke with King World News about the harsh reality of what is really happening in the world.
Don’t Believe The Propaganda
James Turk: “It looks like Friday’s unemployment report washed out gold and silver for the time being, Eric. But it is important to note though that nothing of substance has changed…
James... read more
Harry Houdini was the greatest escape artist of the 20th century. He escaped from specially made handcuffs, underwater trunks and once escaped from being buried alive. Now Janet Yellen will try to become the greatest escape artist of the 21st century.
Yellen is handcuffed by weak growth, persistent deflationary trends, political gridlock and eight years of market manipulation from which ther... 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 that the worst global crisis in history will be triggered in the next few months.
The Seeds Of The Worst Global Crisis In History
“This coming autumn, we are likely to see the beginning of the h... read more
Shares of Deutsche Bank and Credit Suisse have been dropped from the prestigious Stoxx Europe 50 share index. Is European banking in decline? And if so, what are the factors that led to its current parlous state?
Deutsche Bank HQ in Frankfurt
Remember the days when bankers were bankers, not "investment bankers," and thought of as sober-suited, cautious accountant types, risk-averse... read more
Today a legendary short seller spoke with King World News about today’s takedown in the gold & silver markets.
Eric King: “Bill, it’s a great day for people to hear from you because we have this hiccup in the mining shares, in gold and silver.”
Bill Fleckenstein: “People cannot worry about what happens on any given day or any given week. The (mining) stocks have had a huge ru... read more
Several years of rock-bottom interest rates around the world haven't been all bad. They've helped reduce government borrowing costs, for sure. Central banks also send back to their governments most of the interest received on assets purchased through quantitative-easing programs. Governments essentially are paying interest to themselves.
Quicktake What is Helicopter Money?
Since the be... read more
