After the stunning Brexit vote to “Leave” the EU followed by turmoil in world markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned the elites are now panicking as global collapse edges closer. But first, the powerful email about Brexit from a KWN reader in Britain… “Please, please, please, do not l... read more

Jeff Clark, Senior Precious Metals Analyst One of the worst things an analyst can do is make a prediction that includes both a price and a date. Odds are you’ll end up with egg on your face. But one thing we can do is look at history. Today’s gold bull market won’t be identical to others in the past—but history does provide clues about how high the price might go based on pr... read more

IRS admits to illegally seizing bank accounts; agrees to give the money back It's the stuff of libertarian dreams. The IRS admits that it wrongfully took money from innocent citizens, and it gives the money back. This is actually happening to victims of a little-known form of civil asset forfeiture carried out by the IRS on the premise of "structuring" violations. In case you didn't... read more

This Thursday — just 48 hours from now — the United Kingdom may soon make the greatest monetary blunder since 1925. That’s when Churchill returned sterling to gold at £4.25 per ounce, the pre-war price. Keynes warned Churchill a much higher price was needed to avoid deflation. Churchill ignored Keynes advice, and plunged the U.K. into depression. The new blunder is not about the pri... read more

As the world anxiously awaits the outcome of the Brexit vote in Great Britain, here is a note from one of the legends about how to survive the coming financial hurricane. – Here is an important note that KWN published last year from legend Richard Russell: “I’m sticking to my new thesis, that wealth trumps income. To translate, if you have enough wealth, you don’t need to gamble... read more

Around 28% of U.S. adults have saved “zero dollars” for an emergency, according to a survey released Tuesday of 1,000 U.S. adults by personal savings website Bankrate.com carried out by Princeton Survey Research Associates International, a polling firm. When extrapolated for the entire 234.6 million U.S. adult population, that’s equivalent to 66 million people. That’s down from 29% last... read more

Helicopter money is already here but it’s in stealth mode. Apparently Federal Reserve Chairwoman Janet Yellen didn’t get the memo but helicopter money is already at work in the U.S. Last week, Yellen conceded that the Fed may have to “legitimately consider” resorting to unconventional measures in the event of a severe economic downturn. But Torsten Slok, Deutsche Bank’s... read more

With the war in the gold and silver markets continuing to rage, today a 50-year veteran told King World News that serious problems are emerging as desperate short bullion banks just doubled gold margins. John Embry: “In my opinion, things couldn’t be much more orchestrated than they are at this moment. Last week I discussed how the Brexit issue was front and center, impacting stock... read more