Gold bugs are among the only smiling investors
Prices have jumped 6% this year to $1,127 an ounce. That makes gold the best performing commodity and one of the only major assets to post a sizable gain in 2016.
By comparison, stocks have had a dismal start to the year: The Dow is down more than 1,000 points this year, while the Nasdaq has lost 8% of its value.
These opposite moves actua... read more
With the Dow tumbling nearly 300 and crude oil plunging another 4.25 percent, today a legend in the business discusses the carnage in a key market and why the investing world is now carefully monitoring the situation.
Drilling For Oil On The Floor Of The NYSE – The virtual collapse in oil prices is mirrored in near rock bottom prices for lots of oil companies. In some cases the... read more
Today Nomi Prins, the keynote speaker who recently addressed the Federal Reserve, IMF and World Bank, issued a dire warning to King World News that we may have just witnessed the trigger for the next global collapse.
Is The Global House Of Cards Finally Going To Collapse?Eric King: “We saw the global financial system come unhinged as a result of the mortgage-backed securities schem... read more
Japan announced negative interest rates Friday which caused a bounce in Europe and then in the U.S.. It is as if "they saved the world"! I have just a couple of comments before digging in to this, first, "why didn't someone think of this before" and "if it were only this easy!".
Last summer as negative interest rates began to appear in Europe, especially BETWEEN financial institution... read more
So here we are at a point in time where reflation is no longer possible and the deflationists are being proven correct. They are correct in regards to a credit system working in reverse with a negative feedback loop stoking a deflationary death spiral.
There is just one small problem…
There can be little contention the world is experiencing an economic slowdown. The problem is this; t... read more
With continued uncertainty in global markets, today King World News is featuring an important interview with one of the greats in the business discussing the key to the gold and silver markets in 2016.
James Turk: “It has been nearly two months, Eric, since our discussion in early December where I said, “It seems reasonable to conclude that gold and silver prices have fallen as far... read more
On October 22, 1981, the national debt in the United States of America hit $1 trillion for the first time in history.
It had taken the US federal government over two centuries to reach that mark. And in that period, America had won its independence and built a nation from scratch.
They created an army and a navy, and used them both to aggressively expand the nation’s domain.
The... read more
Gold futures book best settlement in 3 months
Gold futures on Monday register their highest settlement in about three months, as a slide in oil and the U.S. stock market highlighted continued demand for assets perceived as havens amid jitters about the global economy.
April gold GCJ6, +1.09% gained $11.60, or 1%, to settle at $1,128 an ounce. The settlement was th... read more
With the price of oil plunging more than 6 percent and the Shanghai Index hitting new lows overnight, today Peter Boockvar warned King World News that we haven’t seen real chaos yet, but it’s coming and gold is going to skyrocket.
Eric King: “Peter, the game plan is for the West to inflate. The West has to inflate in order to get out of this debt. Your thoughts on the central... read more
Today one of the top economists in the world sent King World News an incredibly powerful piece warning about the unleashing of QQE and global economic meltdown. Below is the fantastic piece from Michael Pento.
Unleashing Of QQE And Global Economic Meltdown
The Keynesian elite gathered in Davos Switzerland this past week to pontificate on global economic issues and to... read more
