LONDON - World stocks fell while safe-haven gold and German government bonds were in demand on Tuesday as tension in the Middle East, an election in Britain and upcoming testimony from the former head of the FBI pushed investors away from risky assets.
European stocks fell early on Tuesday after leading Arab powers cut ties with Qatar the previous day, accusing it of supporting Islamist mil... read more
As we move through what promises to be a rowdy month of trading in June, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that whether people choose to believe it or not, a massive global collapse is about to unfold.
Many of us who interview on KWN are Cassandras. We are predicting a future for the world which is unplea... read more
As President Trump pushes to sell off public assets to financial firms and eliminate financial regulations, former Goldman Sachs executive Nomi Prins says America is on the verge of another financial crisis. Prins, who is now a journalist and author of “All the President's Bankers,” argues that lawmakers’ refusal to pass legislation breaking up the big banks is putting the global economy... read more
As the Dow remained near 21,000 and the price of gold surged, today a legendary short seller discussed the latest move in the gold market by Druckenmiller and a grand illusion.
By Bill Fleckenstein President Of Fleckenstein Capital
– The current round of insanity has reached a fever pitch over absurd concepts such as how wonderful it would be to become the first $1 trillion company,... read more
Gold’s Next Spike
Is the latest gold rally for real?
Investors can be forgiven for asking that question. Gold reached an all-time high dollar price of $1,898 per ounce on September 5, 2011. Then it began a relentless four-year, 43% plunge that took it to $1,058 on November 27, 2015.
Of course, gold did not go down in a straight line. There were numerous strong rallies along the way.... read more
We've been playing two games to mask insolvency: one is to pay the costs of rampant debt today by borrowing even more from future earnings, and the second is to create wealth out of thin air via asset bubbles.
The two games are connected: asset bubbles require leverage and credit. Prices for homes, stocks, bonds, bat guano futures, etc. can only be pushed to the stratosphere if buyers have... read more
Martenson thinks many people will be devastated when their paper wealth disappears in a coming market crash. Martenson explains, “We have these things call wealth destructions. Markets crash and people lose money they thought they had. If you watch carefully,... read more
A hedge fund led by an investing legend expects "all hell to break loose."
Billionaire Paul Singer's Elliott Management, which raised $5 billion in less than 24 hours earlier this month, says it has been building up its cash reserve to deploy during future market turmoil.
The hedge fund has been sounding the alarm for some time. But its most recent letter sets out why the fund decided to ra... read more
As Bitcoin Skyrockets, Trouble Is Looming
John Embry: “Eric, last week was fascinating. There was the juxtaposition of two pricing anomalies which demonstrated how totally bizarre things have become…
Continue reading the John Embry interview below…
John Embry continues: “At the very time that silver was being driven to a recent low in the mid-$16s, it was reported that a... read more