RSSCategory: Articles: Experts Talk

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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Rick Rule: Avoiding the Ugly in the Junior Resource Sector

In this excerpt from a talk at the Casey Research Recovery Reality Check Summit, legendary resource speculator Rick Rule makes a strong case for careful, disciplined investing in the junior resource sector, despite the market turning truly ugly. You can hear Rick’s entire entire presentation, along with those by the 30 other experts at the Summit – including their stock tips and other recommendations. The full audio collection is available in CD or MP3 format. Get full details here.  

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James Rickards: Currency Wars, The Making of the next Global Crisis

“Currencies are in effect the ocean” that all the fish, including the great white shark, fear, says investment manager and author of Currency Wars, James Rickards. Sometimes the ocean is calm, but in times like ours it becomes a much more hostile and dangerous environment. Find out how currencies interact globally and why governments manipulate them so much, in this video. Listen to James’ entire presentation at the latest Casey Research Summit – and those of 30 other well-known economists, authors, and investment pros – on CD or MP3. Learn more.  

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James Turk: Escalating Bank Runs, Many Banks Will Not Survive

With mounting fears regarding escalating bank runs around the world, today King World News interviewed James Turk out of Europe.  Turk told KWN, “I think people should be worried because many banks around the world are largely insolvent.”  Here is what Turk had to say about the accelerating crisis:  “The key driver of course is the economy.  Unemployment is still growing in most places around the world.  The European economy, in nearly all countries, is turning down.  Germany had been the power horse up until recently, pulling other countries along with it.  But even the German economy is turning down.” James Turk continues: “But the real threat to the euro, as well […]

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Doug Casey: Notes from the Front Line on International Travel

By Doug Casey, Casey Research In an excerpt from his presentation at the Casey Research Recovery Reality Check Summit, legendary contrarian speculator Doug Casey remarks on the farcical aspects of international air travel. You can hear Doug’s complete speech, along with all the other presentations given at this Summit, at your convenience and in MP3 or CD format. Learn more about this collection, which includes actionable investment advice and trend forecasts from some of today’s brightest economic and investment minds.

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