RSSCategory: Articles: Experts Talk

Jean-Marie Eveillard: This Is All A Delusion, I Am Keeping My Gold

With global stock markets trading higher, today King World News interviewed legendary value investor Jean Marie Eveillard, who oversees $50 billion at First Eagle Funds.  Eveillard told KWN that despite “the fact that the stimulus has been completely unprecedented in scope … the economic recovery seems to be sputtering.”  He also discussed the gold market, but first, here is what Eveillard had to say about the ongoing crisis:  “There is no doubt that there are major deflationary forces at play.  There is also no doubt that the private sector is continuing to deleverage.  But in order to prevent the deleveraging of the private sector from sending the economy into a replay […]

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John Embry: We’re On The Edge of Collapse, We’ve Run Out of Time

Today John Embry told King World News, when referring to what is needed to bail out Europe, “All I know is that these numbers are staggering … We are on the edge of collapse.  We’ve run out of time.”  Embry, who is Chief Investment Strategist of the $10 billion strong Sprott Asset Management, also told KWN that if the euro does split apart, it “will be extraordinarily chaotic.”  Here is what Embry had to say about the crisis:  “We’ve got to focus on what’s coming up in the short-run with regards to the European situation.  It’s going to be an extremely interesting summit they are hosting this Thursday and Friday.  The problems are piling up […]

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Jeffrey Saut: Europe To Launch Massive Two Trillion Euro Bailout Package

With tremendous volatility in global markets, today King World News interviewed one of the savviest guys in the business, Jeffrey Saut, Chief Investment Strategist for Raymond James.  Saut surprised KWN by saying that Europe is about to launch “a two trillion euro bailout package.”  He also stated that this “puts our Federal Reserve into a box whereby they will have to provide some kind of liquidity event in order to keep the US dollar from spiking higher.”  Saut also discussed gold, but first, here is what he had to say about the crisis in Europe:  “Having worked inside the Washington DC beltway, I have a pretty good working knowledge of politicians, bureaucrats […]

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James Turk: Gold Will Shock Investors By Soaring This Summer

With continued uncertainty in major markets, as well as gold and silver, today King World News interviewed James Turk out of Europe. Turk discussed the aftermath of the Greek elections and what investors should expect going forward.  H is what Turk had to say about what is taking place:  “The Greek election has come and gone, Eric, but the Greek vote has changed nothing.  Europe is still in a severe crisis, and every attempt to solve this crisis has failed because no serious solutions have been proposed.  All the central planners did was buy time, and that precious time has been squandered with their various schemes.” James Turk continues: “There are two […]

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John Hathaway: We Are Within Months of This Crisis Blowing Wide Open

Four-decade veteran John Hathaway told King World News, “we are within months … from this thing blowing wide open.  When that happens, money will look to find whatever it can in order to participate.” The prolific manager of the Tocqueville Gold Fund also said, “I think at that stage you are going to see gold go ballistic because it will be an admission of failure on the part of policymakers.”  Here is what Hathaway had to say about the ongoing crisis:  “All of the political leaders and policymakers are frantically trying to put their fingers in the dyke.  The euro is on its last legs.  It’s very late in the game to expect anything […]

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John Embry: Despite Rally, Global Financial Crisis II Is Imminent

Today John Embry told King World News that, despite the rally, investors should brace for “global financial crisis II.”  Embryalso said this crisis will be “more unpleasant than the first one.” Embry, who is Chief Investment Strategist of the $10 billion strong Sprott Asset Management, also told KWN that gold and silver will reign supreme during the upcoming turmoil.  But first, Embry had to say about the Egon von Greyerz prediction of a massive global bailout:  “I believe that’s very realistic.  They will go down the path of trying to continually bail this system out to prevent a collapse.  Nobody wants to be at the helm when the ship goes down, so they […]

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Caesar Bryan: Gold To Be Viewed As Risk Free Asset In This Chaos

With investors wondering where global markets are headed next, today King World News interviewed 25 year veteran Caesar Bryan.  Gabelli & Company has over $31 billion under management and Caesar Bryan has managed the gold fund since its inception in 1994.  Caesar told KWN that he expects central banks to be much more active going forward.  Here is what Ceasar had to say about the ongoing crisis:  “We are still seeing the effects of too much debt, and the authorities are coming to grips with how to deal with this phenomena.  This is going to prove to be a very tough assignment.” Caesar Bryan continues: “In Europe, Spain’s banking system needs recapitalizing.  […]

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James Turk: Bank & Government Collapses, Gold Spike Coming

With continued volatility in major markets, as well as gold and silver, today King World News interviewed James Turk out of Europe. Turk told KWN, “if the central planners try to paper over the insolvency of governments and many of the big banks with more money printing, then gold, silver and the mining shares will rocket even higher than I can imagine.”  Here is what Turk had to say about the recent action:  “The significance of the big jump on Friday in gold, silver and the mining shares cannot be overstated, Eric.  It was very important for a number of reasons.  First, it was a continuation of the trend we spoke about on Thursday.  […]

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Peter Schiff: if you really care about the debt crisis, then you should be in gold

Peter Schiff explains his economic view on the important moves in the financial markets past Friday and concludes with his take on gold. It all started with the US jobs data for May: estimates were that 150.000 new jobs were created, but instead the number stuck at 69.000. That means unemployment rate in the US is now  8.2%. If you have a look at another unemployment number – being the so-called U6 which includes also the discouraged unemployed people – the rate is 14.8% now. Apart from the bad US unemployment numbers, the expected GDP in Q1 was revised downward and is now expected to be 1.9%. But Peter Schiff […]

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The ultimate Gold Bull Peter Grandich vs the muted Bear Steve Palmer

Is gold preparing for another shot up to $2,500/ounce heights or on the way down after being overbought? In this exclusive interview with The Gold Report, two respected names in the investing world share their arguments for what could happen in the coming years and how to profit from it. Financial Adviser Peter Grandich predicts a lot more upside while AlphaNorth Asset Management Chief Investment Officer Steve Palmer has a more cautious outlook on the shiny metal. Where are you putting your money? The Mother of All Gold Bulls The Gold Report: Peter, you have called this the mother of all gold bull markets and predicted $2,500/ounce (oz) gold prices. What is driving […]

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Rick Rule: Here is Why Gold is Soaring & Stocks are Tanking

With stock markets tanking around the world, and gold and silver soaring, today King World News interviewed one of the wealthiest and most street-smart pros in the business, Rick Rule.  Rule lets KWN readers know why gold exploded today and also commented about the rise in gold by saying, “What took so long?”  He also issued a warning about the fragility of the global financial system.  Rule, who is now part of Sprott Asset Management had this to say about what is happening:“My temptation is to say, what took so long? The global macro news has been bullish for gold for some time. The markets response has been ‘out of […]

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Dan Norcini: The Futility of QE

This is an attempt to explain what I believe will be the futility of another round of Quantitative Easing on the part of the Federal Reserve to do anything more than to merely provide another TEMPORARY boost to paper assets and by consequence, a short-lived blip in consumer confidence. As such, it is going to be much to the point without any rhetorical flourishes or attempts at refined writing. I do wish to start this brief piece by noting that I believe the Fed is indeed going to act, sooner rather than later, unless they want to witness a meltdown of the equity markets. Practically, for them to stand idly […]

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Keith Barron: This Move Will Be Highly Inflationary & Where to Deploy Cash

On the heels of continued bank runs in Europe, today King World News interviewed one of the legends in the gold world, Keith Barron.  Barron consults with major gold companies around the world, as well as major brokerage houses, and he is also responsible for one of the largest gold discoveries in the last quarter century.  Here is what Barron had to say about what is taking place in Europe:  “There are a number of things happening which are quite important.  The Spanish government has agreed to nationalize Bankia, which is one of the largest banks in Spain.  The bank had a major run on it and so extreme measures had […]

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Theodore Butler: Illegalities

The Commodity Futures Trading Commission (CFTC) has been negligent in failing to terminate the obvious manipulation ongoing in silver. Furthermore, the agency may be complicit in this manipulation. Worse, it has lied to the public and elected officials. This all goes back to the time when Bear Stearns was taken over by JPMorgan in March of 2008. It is well known that Bear Stearns went under as a result of a sudden loss of liquidity amidst a run by creditors and customers. What is not well known is that those problems were greatly exacerbated by a $2 billion margin call on silver and gold short positions from the end of December 2007 […]

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