A serious alternative to the dollar is still a long way off, but the latest shenanigans on Capitol Hill have given the search for them renewed momentum By Jeremy Warner, Assistant Editor All great empires – from the Greek, to the Roman, the Spanish and the British – have at their heart a dominant means of exchange…
With an eerie calmness in global markets, even with the continued chaos in Washington, today a man who has been trading major markets for over four decades told King World News, “Western manipulators are going to be crushed by the growing tidal wave of physical gold demand.” He also spoke about the incredible and historic…
By Naveen Mathur, ET Bureau | 14 Oct, 2013 With applications ranging from industrial use and jewellery to silverware, photography and investment, silver is an essential commodity. A quick break-up shows that industrial demand accounts for 44%, followed by consumption in jewellery and silverware at 22%, investment demand at almost 30%, while photography accounts for a…
With continued intervention and pressure in the gold and silver markets, today the 42-year market veteran who correctly predicted that the Fed would not taper spoke with King World News about exactly why the intervention is taking place in the metals markets, and the answer will surprise some readers. Below is what Egon von Greyerz,…
Published on Oct 11, 2013
Peter Schiff on CNBC Europe (10/11/2013)
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BY ROSS NORMAN October 10, 2013 Central bank interventions in the economy are nothing new, even if the dealings of central banks and even the U.S. Exchange Stabilization Fund are often murky. The consequences of them, however, are a man-made economy that behaves and looks rather weird, a Frankenstein economy if you will. The most obvious…
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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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…
Published on Oct 9, 2013
The Peter Schiff Show (10/8/2013)
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Published on Oct 9, 2013
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Published on Oct 8, 2013
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With continued volatility in global markets, today a 60-year market veteran told King World News that “the US is bankrupt,” and it will “collapse.” KWN takes this man’s warning very seriously because, incredibly, his father tried the major cases as a lawyer over 100 years ago which formed the basis for US bankruptcy laws. Ron…
Published on Oct 7, 2013
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With gold and silver moving higher, and the Dow threatening to break the 15,000 level, today King World News is pleased to share the thoughts of one of the top strategists in the world, Robin Griffiths of Cazenove out of London. Cazenove Capital is the appointed stockbroker to Her Majesty The Queen. The acclaimed strategist…
