LEIKA KIHARA TOKYO — Reuters Published Friday, Oct. 04 2013, 5:53 AM EDT A prolonged U.S. budget standoff would hit global markets very hard, the Bank of Japan warned on Friday as it said it was ready to top up its existing massive stimulus if the recovery under way in the world’s third-largest economy was threatened. But for…
Today David Stockman stunned King World News when he warned the coming financial collapse is “going to be catastrophic.” Stockman also said that we will see “massive selling” of overpriced financial assets, but he also made the frightening prediction that “there won’t be any bids.” KWN takes Stockman’s warning very seriously because he is the man…
Published on Oct 3, 2013
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Thursday, 03 Oct 2013 08:16 AM By Dan Weil The Federal Reserve should drop its quantitative easing (QE) and just focus on controlling inflation, says James Rickards, a partner at Tangent Capital Partners. “My own view, which has no chance of happening, is that they should stop asset purchases completely and start to sell assets…
With stocks struggling once again, today one of the legends in the business warned King World News that the U.S. is going to see a “monster collapse.” This man has lived in 18 countries around the world, and he witnessed collapses in many of these countries, but today he issued this ominous warning, “This collapse…
“it is a philosophy of government that is to blame; Keynesianism, Militarism, and Interventionism, and the funny-money system that we use. All that has come together and the country is bankrupt and nobody wants to admit it.”
Published on Oct 2, 2013
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In the aftermath of yesterday’s failed intervention by the US government, today Canadian legend John Ing warned King World News that the US dollar is now set to seriously plunge. Ing, who has been in the business for 43 years, also spoke about how this will be the catalyst that will send gold to new all-time…
Published on Oct 1, 2013
http://usawatchdog.com/david-morgan-m… David Morgan of Silver-Investor.com thinks a financial calamity is on its way. Morgan predicts, “I do not see hyperinflation, I see more disruption or currency crisis. You don’t have to have hyperinflation to have a currency crisis.” Even though Morgan doesn’t see hyperinflation, he contends gold and silver prices will head much higher. He sees the true price of gold right now “between $5,000 and $7,000 an ounce” and silver at “$100 per ounce.” Morgan predicts, “I think there is going to be a day in the future that you just can’t get it. The only monetary asset outside of counter-party risk is physical gold and silver.” Join Greg Hunter as he goes One-on-One with precious metals expert David Morgan.
Published on Sep 30, 2013
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Published on Oct 1, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss the paradox of negative side effects warnings driving an increase in sales to consumer chumps and how this applies to David Cameron’s economic policy of a housing ponzi scheme. In the second half, Max interviews Satyajit Das, author of Extreme Money, about QE Forever as the Strawberry Fields of our day and about terming out the debt in Europe until eventually we have 99 year loans paying zero percent interest. And, finally, they discuss the reality that we are living in a hedge fund world operating on the tactic that too big to fail banks are now the equivalent to sovereigns.
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As global markets have continued to struggle, today the Godfather of newsletter writers, Richard Russell, warned investors they should be ready to see “massive and radical change,” as global stock markets peak and begin a historic plunge. He also discussed how the massive plunge in stocks may usher in a new monetary system. Richard Russell: “This…
Published on Sep 30, 2013
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As global stock markets continue to struggle, today a man who has been involved in the financial markets for 50 years warned King World News that an ominous and looming danger “will create a horrific collapse that will shock the world.” Below is what John Embry had to say in this powerful interview. Embry: “I have been…
