With the stock market celebrating the nomination of new mega-money printing Fed Chair, today Canadian legend John Ing warned King World News that “the bigger picture for the West is very grim indeed.” Ing, who has been in the business for 43 years, also told KWN “We are about to get a move in gold, and…
Oct. 10 (Bloomberg) — James Rickards, senior managing director at Tangent Capital Partners, discusses the October 17 deadline for the United States breaching the debt ceiling, the options President Barack Obama and Treasury Secretary Jack Lew could try if the government hits that deadline and what a possible 6-week extension could mean for negotiations. He…
Published on Oct 10, 2013
“President Barack Obama’s press conference concerning the shutdown, Obamacare’s official phone number is: “1800-FUCK YO”… think we’re joking? Janet L. Yellen nominated as new FED chairman… or woman rather & the government shutdown denies families of 4 dead soldiers burial benefits. You voted for hope and change, now there’s no hope and plenty of terrible changes. Welcome to the new Amerika!”
Original release: 10/9/13.
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Published on Oct 10, 2013
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Now that President Obama has nominated Janet Yellen to replace Ben Bernanke as Fed chair, his “dovish” pick means expectations are for easy money to continue. But what exactly does that mean and what could the next phase look like? Related: Janet Yellen: Five Things You Should Know About Obama’s Fed Chair Nominee Jim Rickards, senior managing…
In the aftermath of the takedown in gold and silver, today the man who predicted this downside action ahead of time spoke with King World News about what investors should expect next. William Kaye, who is one of the savviest and most well-connected hedge fund managers in the world, also told KWN exactly why the…
Published on Oct 9, 2013
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“For the first time in history, ALL the major central banks are printing money. One of two things will occur. If they continue to print, their respective currencies will lose their purchasing power, and we’ll have inflation or even hyper-inflation. If the central banks pull back on their printing, we’ll have crashing markets and a world depression.” ~Richard Russell
Source: http://www.financialsense.com/contributors/richard-russell/is-something-ominous-in-cards
By Siddesh Mayenkar MUMBAI | Wed Oct 9, 2013 (Reuters) – Indian silver imports are on pace to hit a record high this year as the wedding and festival season drives up buying of the precious metal instead of the traditional gold, made scarcer and dearer by official measures aimed at cutting the trade gap.…
