It is mind boggling that people would consider buying 10-year U.S. Treasurys with yields trading at around 3 percent, said Marc Faber, the author of the closely-watched Gloom, Boom and Doom report in an interview with CNBC on Thursday. “I … Continue reading
With gold hitting new all-time highs yesterday in dollars, euros and pounds, today King World News interviewed legendary trader Jim Sinclair and Dan Norcini to get their take on where things stand in the gold market. When Sinclair was asked … Continue reading
Gold futures surged to a record $1,588.90 an ounce as the dollar’s slump and the European debt crisis spurred demand for precious metals as alternative assets. Silver surged the most since March 2009. The greenback fell as much as much … Continue reading
From GoldCore New Record Nominal Gold Highs in USD, GBP and EUR on Moody’s Ireland Downgrade, FOMC Hint of QE3 and Increasing Risk of Economic Meltdown Gold for immediate delivery rose to new record nominal highs of 987.58 British pounds … Continue reading
Government debt will be in the vicinity of $1.5 trillion this year. Ever since May 16th short-term debt has been frozen at about $14.3 trillion. Up until May 16th the year-to-debt fiscal debt was $783.135 billion. That means if no … Continue reading
100 oz NTR silver bars just 75 cents over spot per oz!
This morning London whistleblower Andrew Maguire told King World News that the launch of the new gold and silver exchange in China will destroy the remaining gold and silver shorts. Maguire stated, “The launch of this new gold and silver … Continue reading
07/05/11 West River Farm, Maryland – Americans had something to celebrate this Independence Day. QE2 – the Feds’ $600 billion money-printing program – ended on Friday. And guess what? The world didn’t end with it. Instead, the stock market gave … Continue reading