Showing posts with label shock the world. Show all posts
Showing posts with label shock the world. Show all posts

Sunday, July 5, 2015

Gerald Celente – The Great Global Panic Is On But This Is Going To Shock The World

http://kingworldnews.com/gerald-celente-the-great-panic-is-now-on-throughout-the-world/
How could anybody with an ounce of brains that lives in Greece keep their money in the banks as they saw this crisis unfold?  Now they are waiting in line because they have a ‘bank holiday.’  ‘Bank holiday,’ how’s that for BS?  ‘Holiday,’ we’re going to take your money and hold it and maybe we’ll give it back to you.  Look at the amount of gold purchases going on in Greece right now.  Don’t they wish they had their money in gold, rather than in a bank in Greece?

Monday, October 7, 2013

The Fed Is Going To Shock The World By Increasing QE

I agree with Pento that the Fed will be "forced" to increase QE.  The only question is "when?"  Will the Fed increase QE after dramatic losses in capital markets, in another desperate attempt to prop up equities?  Or will they just increase QE to preempt distorted markets from a corrective recalibration?

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/5_The_Fed_Is_Going_To_Shock_The_World_By_Increasing_QE.html

Tuesday, January 29, 2013

Coming Short Squeeze In Gold To Shock The World

This is a must-read interview of a money manager in Hong Kong.  He's an ex-Goldmanite, a former status quo guy who is obviously blowing the whistle on re-hypothecation in the physical gold markets.  Unlike London or New York, Hong Kong is mostly a physical gold market, not a paper exchange.  Hong Kong is the pathway for physical gold to enter mainland China, who is already the world's largest producer of gold.  Between their prodigious extraction and their voracious imports of gold, China has surpassed India as the world's largest consumer of physical gold.

It doesn't take much speculation to connect the dots and understand China is in a race to back the renminbi with gold as China seeks reserve currency status.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/29_Exclusive__Coming_Short_Squeeze_In_Gold_To_Shock_The_World.html