On the heels of seven weeks of chaotic trading in markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, just issued a dire warning about a terrifying future and the trigger for total global collapse. Egon von Greyerz: “Eric, the world is likely to enter the worst economic downturn in history at any time now. There... read more

I remember several years ago in the Land of the Free when the big wave in the banking industry was to offer “free checking”. There used to be a time (that a lot of people probably don’t remember) when banks charged monthly or annual fees to maintain your bank account. This changed several years ago. Banks even started running commercials encouraging customers to open their “free... read more

“Leave a million dollars with a bank, and in a year, you get only something like $990,000 back,” Marc Faber, respected publisher of the Gloom, Boom & Doom Report, told Bloomberg by phone yesterday. “I would rather want to own some solid currency, in other words … gold” warned Faber. Gold bears for years fed off the prospects for higher borrowing costs. Now bulls are thriving in... read more

On the heels of the recent rally in world stock markets, today legendary Marc Faber spoke with King World News and just accused central banks of halting the decline in global stock markets. Marc Faber: “I believe that stock markets around the world will end the year lower, but it will depend on how much money the central bankers will print. You don’t know how far these mad professors w... read more

On the heels of a major rally in the gold market, today a famed short seller said gold is now in the early stages of a bull market. Overnight markets were all higher, as higher prices in this bear market rally have helped create more of the same. However, despite seeing our futures trading to the upside overnight, by midday the indices were slightly lower, led by the Nasdaq, which dropped 0... read more

In the aftermath of strange interference with last week’s audio interview, today whistleblower and London metals trader Andrew Maguire spoke with King World News about what has shocked traders in the gold market all over the world. Eric King: “Andrew, you are back here at King World News for the second round of this interview. As you know, we had a mysterious technical issue with your... read more

With continued uncertainty in global markets, today former U.S. Treasury official Dr. Paul Craig Roberts covers the frightening truth about what is really happening in the United States. The Frightening Truth About What Is Happening In The US The US economy died when middle class jobs were offshored and when the financial system was deregulated… Jobs offshoring benefitted corporat... read more

These are strange monetary times, with negative interest rates and central bankers deemed to be masters of the universe. So maybe we shouldn’t be surprised that politicians and central bankers are now waging a war on cash. That’s right, policy makers in Europe and the U.S. want to make it harder for the hoi polloi to hold actual currency. Mario Draghi fired the latest salvo on Monday wh... read more

If you watch silver prices closely, you must pay attention to the investment demand for the precious metal as well. It suggests the price of silver could skyrocket. You see, silver has industrial demand as well. With the global economy in trouble—just look at eurozone, China, and other emerging economies—the gray precious metal is being ignored. If you pay close attention, you will no... read more

Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, says the next big monetary and fiscal move should include an airdrop of money from helicopters to stimulate the U.S. economy. He may not be entirely serious about "helicopter money." But in a client note sent out this week, Dalio said the U.S. Federal Reserve's ability to boost growth through lowering interest rates... read more