RSSCategory: Articles: Experts Talk

Michael Pento: Markets to Plunge This Summer, the Eurozone & the Effect on Gold

With investors concerned about the action in equity markets, as well as gold and silver, today Michael Pento, of Pento Portfolio Strategies, writes for King World News to warn that global stock markets will plunge this summer. Pento had this to say about the situation: “I would have thought that the decoupling myth between global economies would have been completely discredited after the events of this past credit crisis unfolded. Back in 2007 and early 2008, investors were very slowly coming to the realization that the U.S. centered real estate crisis was going to dramatically affect our domestic economy.” Michael Pento continues: “However, the prevailing view at the time was […]

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John Hathaway: Fed to Print More Money & Gold to Hit New Highs

Four decade veteran John Hathaway, told King World News that he has never seen these types of extraordinary opportunities in the market.  The prolific manager of the Tocqueville Gold Fund said the gold market is very close to a bottom and it will soon turn and head to new all-time highs.  Here are the critical observations by one of the most extraordinary 5-star rated Morningstar fund managers:  “What I think we’ve been through here is a lengthy correction from the peak of last August, when gold rose to above $1,900 an ounce.  We’ve had a couple of debt ceiling increases since then.  The fundamental issues continue to be what they were last […]

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Robert Fitzwilson: We Are Witnessing The Largest Financial Bubble In History

With continued volatility in global markets, 40 year veteran, Robert Fitzwilson wrote this exclusive piece for King World News.  Fitzwilson is founder of The Portola Group, one of the premier boutique firms in the United States.  Here are Fitzwilson’s observations:  “In our opinion, the beginning of the dot-com bubble started with the Netscape IPO in the mid-1990s. Prior to Netscape, companies had to have a track record of earnings and cash flows before going public. It was normal to receive a prospectus or two per week prior to the Netscape IPO. Afterwards, it became a flood, almost a daily occurrence to have prospectuses arrive at our research department.” Robert Fitzwilson continues: […]

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Jim Sinclair: Expect Another $17 Trillion of QE & War in Gold

On the heels of the Fed members commenting publicly, legendary trader and investor, Jim Sinclair, told King World News that even though we have already seen $17 trillion of money printing, we should expect another $17 trillion going forward.  KWN also asked Sinclair how he knew, from the beginning, that there would be ‘QE to infinity,’ before anyone else.  But first, here is what Sinclair had to say about the action in gold: “$1,650 is a comfortable number (for central planners).  Haven’t you seen the tremendous jawboning and market intervention to hold gold in that range at $1,650?  $1,764 and they lose control.  That begins the move which is exponential.” Jim Sinclair […]

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Michael Pento: Inflationary Death Spiral & The Global Credit Card

With investors nervous about the action in global stock markets, gold and silver, today Michael Pento, of Pento Portfolio Strategies, writes for King World News to warn that central planners have us headed into an “inflationary death spiral.”   Pento had this to say about the situation:  “The three primary factors that determine the interest rate level a nation must pay to service its debt in the long term are; the currency, inflation and credit risks of holding the sovereign debt.  All three of those factors are very closely interrelated.” Michael Pento continues: “Even though the central bank can exercise tremendous influence in the short run, the free market ultimately decides whether or […]

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James Turk: Gold Shorts in Retreat, Currency Destruction Guaranteed

With gold trading at $1,660 and silver attempting to rally back to $32, today King World News interviewed James Turk out of Europe.  Turk told King World News that the shorts have not been able to break the gold and silver markets.  Turk also said the current trend guarantees destruction of the currencies.   Here is what Turk had to say about the situation:  “It has been a rough couple of weeks, Eric.  That is not unusual over a holiday period, like the 4-day weekend here in Europe.  Liquidity usually dries up during these periods, so short-term volatility can often be the result.  And we have seen that in both the […]

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John Embry: The Powers That Be Would Love to See Gold Collapse

With gold near the $1,650 level and silver close to $32, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management.  Embry told KWN there will be a massive selloff in the stock market, but, over time, quality stocks will represent stores of value because of the Weimar effect.  He also discussed gold, silver and the mining shares.  But first, here is what Embry had to say about stocks selling off and the bigger picture as he sees it:  “I have a very strong view on this.  Ultimately, as we go through QE to infinity and inflation really starts to accelerate, stocks will […]

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Why people should buy gold – podcast

| April 7, 2012 | Articles: Experts Talk

In this podcast, Drew Mason, principal at St. Joseph Partners and contributor to Forbes, and Alasdair Macleod of the GoldMoney Foundation discuss the role of physical gold and silver in a …

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London Trader: Fed’s Global War Against Gold Escalating

With many global investors still rattled by the price action of gold and silver, today King World News interviewed the “London Trader” to get his take on these markets.  Here is what the source had to say:  “Gold was trashed on Monday, while the Fed minutes essentially said nothing.  When a central bank coordinates that kind of attack, it’s war, of course it’s war.  This type of action is coordinated by Bernanke and the Fed and executed by the bullion banks.  It’s actually laughable if anyone thinks that was a legitimate selloff, on what was, in reality, no news.” The London Trader continues: “No legitimate market participants were really selling.  Sure there […]

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Is this the best time to buy gold or silver?

David Morgan, editor of the Morgan Report (a highly recommended newsletter), gives his view on Fox Business on the question if this is the best time to buy gold. Personally, we think David Morgan is one of the leaders with a very high accuracy on predicting gold and silver price movements. Does David Morgan think if the price of gold and silver have peaked ? Well, he agrees that we saw peaks in 2011 ($ 1,900 was September’s peak in the gold price while the silver price peaked at almost $ 50 in April). We are in a long consolidation, where even some bulls are starting to get worn out. But […]

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David Morgan Talks all about Silver with Max Keiser

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John Embry says Gold price and Silver price are about to break out

In this interview during a workshop with GATA (Gold Anti-Trust Action Committee), John Embry from Sprott Asset Management explains why he thinks that the gold price and silver price are on the cusp of breaking out. Question: What is going to cause the breakout and what is currently still preventing it to break out? Answer: The real problem is excessive debt. Governments pretend they have solutions. If we look at Greece as an example, we see that the only solution is massive money printing. That only results in currency devaluation, which is the ideal environment increases in precious metals prices. Eventually the physical gold and silver markets will take over […]

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Billionaire Hugo Salinas Price: Central Banks Smashed Gold

Today multi-billionaire Hugo Salinas Price told King World News that central banks were definitely behind the smash in the gold price yesterday. He also said people should ignore it and continue buying gold and silver. But first, here is what Hugo Salinas Price had to say when asked about the plunge in gold yesterday: “I definitely think the central banks were behind it. I look at the graph of the gold price yesterday and when it collapses down $100 in about an hour, that is not natural market action. I think people are getting used to this. This is standard procedure and it doesn’t worry me at all.” Hugo Salinas […]

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David Morgan about yesterday’s sell off in the gold price and silver price

Silver expert David Morgan from the well respected silver expert newsletter The Morgan Report on www.silver-investor.com gives his view in this interview on yesterday’s price action in silver. In general, Mr Morgan thinks yesterday was a typical flight to safety. But he adds to that the long term bull trend in gold and silver are still intact. Yesterday’s gold and silver price decrease, caused some typical short term damage in the silver price charts (technically). It will probably take a couple of weeks to repair. But that process can turn in a dime, he says. From a fundamental point of view, gold ans silver are THE place to be if you […]

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