As we get ready to kickoff the second week of trading in May, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News the shocking truth about what is really happening that is being hidden from an unsuspecting public. All Of This Is Being Hidden From An Unsuspecting Public Egon von Greyerz:  “So here we are again! Thousand... read more

“To summarise the summary: anyone who is capable of getting themselves made President should on no account be allowed to do the job..” The best thing about the French Election is I've just won a case of very fine French wine on the result!  The papers and financial blogosphere are full of positivity – France is fixed, therefore the Euro is safe and its all great news. Put yer buyin... read more

Money manager Axel Merk has a lot of uncertainty to navigate these days between the extreme geopolitical risks, such as China’s neighbor, North Korea, and heavy debt loads that are ballooning budget deficits. Merk says, “It’s amazing.  If you are not confused, you are probably not paying attention.  I am very worried when asset prices are very expensive, what’s going to happen to them... read more

On Wednesday, the General Accountability Office (GAO), the bipartisan congressional watchdog, released an in-depth report on the U.S. government’s challenging fiscal outlook. Despite its surprising revelations, the study received little to no coverage by major media outlets. While most Americans have been led by political rhetoric to believe that government programs like Medicare and Medic... read more

Lately, gold and silver prices have been on the decline, but lower prices for the metals aren’t likely to last long, according to one bullish strategist. David Beahm, president and chief executive officer of precious-metals retailer Blanchard and Company, makes the case that now may be the appropriate time to scoop up metals that have been dinged in recent trade. “With all of the unc... read more

North Korea said it will bolster its nuclear force "to the maximum" in a "consecutive and successive way at any moment." Reclusive North Korea has carried out five nuclear tests and a series of missile tests in defiance of U.N. Security Council and unilateral resolutions. It has been conducting such tests at an unprecedented rate and is believed to have made progress in developing interm... read more

Chinese Foreign Minister Wang Yi took a tough position on the North Korea issue on Wednesday, saying that war on the Korean Peninsula is absolutely unacceptable. Wang made the remarks in a press conference after a Sino-German dialogue on cooperation with Sigmar Gabriel, the German vice-chancellor and foreign minister in Germany. “Of course we believe that the continued nuclear tests vio... read more

President Donald Trump said a “major conflict” with North Korea was possible if diplomatic solutions fail, although Senator John McCain said the U.S. leader understood that military action was a last resort. “There is a chance that we could end up having a major, major conflict with North Korea. Absolutely,” Trump said in an interview with Reuters. “We’d love to solve things dipl... read more

A record number of investment professionals now think U.S. stocks are too pricey. That’s according to the most recent Bank of America Merrill Lynch Global Fund Manager Survey. More than 80% of fund managers said U.S. stocks are overvalued, the most in the history of the survey. The results show institutional investors — the big money — are starting to back away from the market. Man... read more