Buying US Debt ‘Mind Boggling’: Marc Faber

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 

Jim Sinclair – Gold Milestone at $1,764 Paves Way to $12,000

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 Advances to Record on Debt Crisis

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 

New Record Nominal Gold Highs in USD, GBP and EUR

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 

Mounting Public Debt. The Looting of Federal Pensions, Social Security and Medicare

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 

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Whistleblower Maguire – This Will Destroy Gold & Silver Shorts

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 

The Day QE2 Ended

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 

Economic Armageddon and You

This is a very good video if you are new to gold and silver investing.  Even if you are a long time investor in gold and silver you will still enjoy this video and you will probably want to forward … Continue reading 

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