Today Art Cashin told King World News many people are concerned about history repeating itself in the form of sudden and sharp inflation. Cashin, who is Director of Floor Operations for UBS, (which has $612 billion under management), also said the Dow could see a 1,000 point move in a day if war breaks out with Iran. Here is what Art Cashin had to say: “I think what people are concerned about is there is an enormous amount of tinder, in that the LTRO in Europe put a lot of assets in the hands of banks who have temporarily parked it at the ECB. The same thing is true here in the United States.”
Art Cashin continues:
“The balance sheets of the various central banks have nearly tripled. Now, in history, that has often led to a rather sudden and sharp inflation. That’s what people are concerned about, will history repeat itself?
MORE
25 March 2012
Caesar Bryan - Central Banks Aggressively Buying Gold
With gold trading $20 higher and silver solidly back above $32, 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 central banks have been aggressively accumulating physical gold into weakness in the paper price of gold. Caesar went on to discuss silver and the mining shares as well, but first here is what he had to say about gold: “Well, there’s been a bit of a transfer from the paper players, those involved on the COMEX and in the futures market who have been liquidating. On the other hand, the physical buyers, including central banks, are stepping in to accumulate gold.”
Caesar Bryan continues:
“The central banks have been accumulating a great deal of physical gold at these lower levels. So there’s a bit of a tug of war going on between the futures market and the physical market. It’s really gut-wrenching what has taken place. Yesterday was a very disappointing day for some of my equity holdings.
MORE
Caesar Bryan continues:
“The central banks have been accumulating a great deal of physical gold at these lower levels. So there’s a bit of a tug of war going on between the futures market and the physical market. It’s really gut-wrenching what has taken place. Yesterday was a very disappointing day for some of my equity holdings.
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Greyerz - Physical Gold Demand Enormous & Accelerating
Today Egon von Greyerz told King World News there is major demand for physical gold and it’s actually accelerating. Von Greyerz also said institutional money is going to aggressively enter gold and this will totally change the market. Egon von Greyerz is founder and managing partner at Matterhorn Asset Management out of Switzerland. Here is what von Greyerz had to say about what is happening in the gold market: “We are seeing the low this week or we could be under pressure for another week. But thereafter, in April, if I look at the technical picture, gold looks fantastic. The next move will be a major move in both gold and silver.”
Egon von Greyerz continues:
“If I look at the physical market, we are seeing major demand and it’s actually accelerating. Again, we are looking at a paper market which is artificially manipulated short-term. It has no relevance at all for the gold market in the long-term.
MORE
Egon von Greyerz continues:
“If I look at the physical market, we are seeing major demand and it’s actually accelerating. Again, we are looking at a paper market which is artificially manipulated short-term. It has no relevance at all for the gold market in the long-term.
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Fleckenstein - Bernanke Dead Wrong About Gold Standard
Today Bill Fleckenstein, President of Fleckenstein Capital, told King World News that Fed Chairman Bernanke clearly does not understand the business cycle we are in and his comments about the gold standard are wrong. Here is what Fleckenstein had to say about the situation: “When Bernanke speaks or Greenspan speaks, basically I just ignore them because they are the architects of the current problems that we have. The average person has no clue that the root of almost all of these problems we face is irresponsible money printing on the part of the Federal Reserve.”
Bill Fleckenstein continues:
“I read that Bernanke said the gold standard was a bad idea because it didn’t allow the flexibility that he perceived we needed to have in order to engineer us out of trouble. The man clearly does not understand the business cycle.
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Bill Fleckenstein continues:
“I read that Bernanke said the gold standard was a bad idea because it didn’t allow the flexibility that he perceived we needed to have in order to engineer us out of trouble. The man clearly does not understand the business cycle.
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21 March 2012
John Embry: $50 Downside on Gold but $1,000’s to the Upside
With continued volatility in gold and silver, and oil holding well above the $100 level, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management. Embry told KWN gold has virtually no downside at these levels, but massive upside. Here is what Embry had to say: “I wouldn’t worry about it, I think you’re talking $50 to the downside on gold and thousands of dollars to the upside. These guys (manipulators) are really working on it relentlessly, which suggests to me there are more problems behind the scene than even I imagine.”
John Embry continues:
“They do not want the monetary policy central banks are embarked upon, which is as much money creation as necessary, they do not want people seeing the obvious alternative of gold and silver.
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John Embry continues:
“They do not want the monetary policy central banks are embarked upon, which is as much money creation as necessary, they do not want people seeing the obvious alternative of gold and silver.
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John Hathaway - Gold is Making a Very Important Bottom
Today four decade veteran John Hathaway, told King World News that the gold market is making a very important bottom here. The prolific manager of the Tocqueville Gold Fund also said there is extraordinary value in the mining shares. Here are the critical observations by one of the most extraordinary 5-star rated Morningstar fund managers: “To me we are at the end of the correction that started last August when gold briefly peaked over $1,900, and the shares have really taken the brunt of it. Gold is down from $1,900 to $1,640, but the XAU is back to where it was in December.”
John Hathaway continues:
“We are making a very important bottom here. This is rock bottom sentiment and a buying opportunity. It’s tough to sell when they (mining shares) are making their highs and it’s tough to buy when they are making their lows. I’m astonished (at the mining shares), but here they are and they have great values.
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John Hathaway continues:
“We are making a very important bottom here. This is rock bottom sentiment and a buying opportunity. It’s tough to sell when they (mining shares) are making their highs and it’s tough to buy when they are making their lows. I’m astonished (at the mining shares), but here they are and they have great values.
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Leeb - Easing Policy in China to Create Boom in Commodities
Today acclaimed money manager Stephen Leeb told King World News a variety of factors has held back the commodity markets. Leeb also said China’s move into a policy of easing will seriously ramp up demand for key commodities, including precious metals. Leeb is Chairman & Chief Investment Officer of Leeb Capital Management. Here is what he had to say: “I can’t say gold’s overall performance has been disappointing. I expected it to be higher, but on the other hand it’s hard to be that discouraged. A better word is frustrated. Gold is definitely going to have its day, there is no doubt about it.”
Stephen Leeb continues:
“There are simply too many things working in favor of gold at this point. Gold production really hasn’t increased since 2001. That’s unheard of given the fact that during that time period gold has increased more than six fold in price. You have actually had a decline in gold production over that period as well.
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Stephen Leeb continues:
“There are simply too many things working in favor of gold at this point. Gold production really hasn’t increased since 2001. That’s unheard of given the fact that during that time period gold has increased more than six fold in price. You have actually had a decline in gold production over that period as well.
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3/20/2012 -- ALERT! VERIFIED TRUE ! Mexico 7.9M Earthquake PRE-PLANNED = MAN MADE !!
By: dutchsinse den 20 mar 2012
This is profound and disturbing. There was a verified "drill" planned for March 20, 2012 in Mexico for a 7.9M earthquake "simulation".... also on a separate note.. Barack Obama's daughter was at the epicenter on spring break: WTH is going on?!
We need answers.. and I don't think (at this point) any of us are going to settle for "coincidence". Who has the weapon, and why are they using it.. that is the question at this point.
20 March 2012
188 Day Cycle Earthquakes Explained
By: TerralO3 den 30 nov 2011 This is my 15-minute video presentation on the 188-Day Seismic Cycle, which is one of many reasons that I shall continue investigating the Heavy-Mass Object (HMO) hypothesis to a final conclusion. Earth reaches outside orbit position around December 18, 2011, when the inbound HMO should stop moving in the direction of Virgo Constellation to retreat back into the Leo Constellation. The next nearside alignment in the center of nearside orbit is on March 22, 2011, which happens to be a special numerical day for the Illuminati.
SilverDoctors: Indoctrination 101: Bernanke Focuses GWU Lecture o...
SilverDoctors: Indoctrination 101: Bernanke Focuses GWU Lecture o...: For those who missed today's live lecture The Bernank gave to George Washington University's School of Business, we have the highlights, as ...
Silver Premium Update (Silver Price Forecast) 19 March 2012
Silver Premium Update – Silver Price Forecast
By Hubert Moolman
19 March 2012
Silver has made its way out of the giant flag; however, it fell back again, lower than the upper boundary of the flag, as shown in the following chart:
Previously, I have stated that price will eventually break out of the flag and go on to make much higher highs. This is still my expectation, and here, I would like to present some more evidence for this view.
Where is silver going now?
MORE
By Hubert Moolman
19 March 2012
Silver has made its way out of the giant flag; however, it fell back again, lower than the upper boundary of the flag, as shown in the following chart:
Previously, I have stated that price will eventually break out of the flag and go on to make much higher highs. This is still my expectation, and here, I would like to present some more evidence for this view.
Where is silver going now?
MORE
SilverDoctors: Brink's JPM Receive 1 Million Ounces of Silver, CM...
SilverDoctors: Brink's JPM Receive 1 Million Ounces of Silver, CM...: Brink's and JPM received combined deposits of nearly 1 million ounces of silver into registered and eligible vaults Friday, and perhaps m...
SilverDoctors: ABC Posts Results of Tuesday's GOP Primary...MONDA...
SilverDoctors: ABC Posts Results of Tuesday's GOP Primary...MONDA...: ABC has just one-upped the BBC's reporting of Tower 7's collapse 15 minutes prior to the controlled demolition on 9/11. Tuesday, 3/20/12 is...
SilverDoctors: Will the Cartel Soon Set its Sights on China & Ind...
SilverDoctors: Will the Cartel Soon Set its Sights on China & Ind...: Historically, any individual investor who has accumulated over 100 million ounces of silver has been forced to liquidate their silver positi...
Rick Rule - Oil Super-Spike Will Take Gold & Silver Higher
With gold and silver hovering above recent lows, but oil moving towards the critical $110 level, today King World News interviewed Rick Rule, CEO of Sprott USA. Rule told KWN to expect higher gold and silver prices, but warned about the possibility of a super-spike in oil. Here is what Rule had to say: “The strength in the crude oil market has been caused by continued political nervousness surrounding the situation in Iran. The saber rattling between the United States, Iran and Israel is something which has had refiners and oil users very nervous.”
Rick Rule continues:
“Obviously the Iranians could shut down the Straits of Hormuz for a short period of time and KWN readers should note that 60% of the world’s crude oil flows through that very tight body of water. Yesterday Iraq also mentioned they were looking for other export avenues for their oil, either through Turkey or connecting through Saudi Arabia. So the perception in the Gulf with regards to the Straits of Hormuz being closed is very real.
MORE
Rick Rule continues:
“Obviously the Iranians could shut down the Straits of Hormuz for a short period of time and KWN readers should note that 60% of the world’s crude oil flows through that very tight body of water. Yesterday Iraq also mentioned they were looking for other export avenues for their oil, either through Turkey or connecting through Saudi Arabia. So the perception in the Gulf with regards to the Straits of Hormuz being closed is very real.
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London Trader - Sovereign Gold Buyers to Raise Their Bids
With many global investors still concerned about the price 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: “Every time they have conducted raids in the paper market they lose more and more physical gold and we work from a higher level in terms of price. Right now we have washed an awful lot of the hot, weak money out of the gold market.”
The London Trader continues:
“This is when you see things turn and the manipulators rip it to the upside. There are buy stops on the upside that are attractive for them to target at this point. Traders are also watching the US dollar now because tomorrow the Iranians are scheduled to start trading oil in currencies other than the dollar. This is clearly an attack on the dollar by the Iranians.
MORE
The London Trader continues:
“This is when you see things turn and the manipulators rip it to the upside. There are buy stops on the upside that are attractive for them to target at this point. Traders are also watching the US dollar now because tomorrow the Iranians are scheduled to start trading oil in currencies other than the dollar. This is clearly an attack on the dollar by the Iranians.
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Global Systemic Crisis - Euroland 2012-2016: Perpetuation of a new global power on condition of democratization
- Public announcement GEAB N°62 (February 17, 2012) -
As anticipated by LEAP/E2020, the fear largely fed by the City of London and Wall Street of a Eurozone break-up over the Greek debt crisis proved unfounded. Euroland has come out of this violently conflictual episode with its "natural allies" much reinforced. According to our team, 2012 will mark the starting point for the perpetuation of a new global power, Euroland. However, this development remains conditional on the question of democratization that we analyze in this issue, through the three sequences of Euroland’s evolution 2012-2016. These five years will lead Europeans to profoundly influence a global geopolitical rebalancing whilst domestically a radical new phase of European integration is opening up in the coming months. Moreover, this GEAB issue anticipates the US Dollar’s progress as a dominant currency for global commercial transactions. The 2012 to 2013 period will in fact bring great changes in this area directly affecting global trade as the relative power of the currencies involved. In addition recommendations on currencies, gold, Greece, Russia, the US economy and stock markets, LEAP/E2020 offers a preview in this issue of the next book to be published in March 2012 by Anticipolis Editions entitled "2015 - The Great fall of Western real estate" by Sylvain Périfel and Philippe Schneider.
For this press release, LEAP/E2020 has chosen to present its anticipations on the first of the three Euroland sequences 2012-2016.
As previously announced, LEAP/E2020 is presenting its anticipations for Europe over the 2012-2016 period in this issue. In the context of a global systemic crisis, two strategic trends will mark these five years for Europeans: on the one hand the stabilization of Euroland as a new full global power (1); and, on the other, the absolute requirement for the European elite to raise the democratic freeze which now weighs heavily on the process of European integration. In this issue our team analyzes why, starting from the second half of 2012, conditions will be at their best for Euroland to take on these two trends fully (2). Of course, numerous economic, financial, strategic and political challenges remain for Europeans; but, with the global systemic crisis entering its phase of reconstituting world geopolitical balances, with Euroland, they have a “new sovereign” able to positively influence the course of events (3). Of course, this capacity is conditional upon the democratic legitimization of the whole of Euroland governance. From 2012 to 2016, three major sequences will characterize Euroland’s stabilization as a full sovereign and the lifting of the democratic freeze.
Before going into the European case in detail, our team would like to remind readers that the big difference today between the anticipation of the United States’ development and Europe’s is due to the fact that the United States has a completely paralysed antiquated politico-institutional system, whereas European integration has a strong dynamic associated with great institutional flexibility. The absence of major reform in the United States since the beginning of the crisis in 2008 compared with the impressive series of European institutional leaps and bounds since mid-2010 (developments considered impossible by many just two years ago) offers a striking illustration. In the American case, the question of anticipation of events thus forces to be able to identify the points of rupture of a sclerotic system. In the European case, it’s a question on the other hand of targeting the course of events and evaluating their pace of development (4). Which is much simpler in fact when, like LEAP/E2020, one has a good understanding of how Europe functions institutionally, and has a good sense for public opinion in the various Member States (5).
The last point of this preamble, the European decision-making process will considerably improve for Euroland since, from now on, only the countries using the Euro will take the decisions. Moreover, it’s a feature of these years of crisis to have finally clarified an absurd situation which saw countries outside the Eurozone, even anti-Euro (like the United Kingdom), take part in decisions on the Euro. But nevertheless, the very nature of the European decision-making process, implying negotiations and compromises, will continue to show it as being chaotic and slow, as opposed to national decision making. It will be much less than before, but still there all the same because it’s the very characteristic of the functioning of European integration; ultimately it is also one of its conditions of effectiveness, in order that each State really applies what has been decided.
Now, let’s move on to the analysis of the three major sequences which will characterise the 2012-2016 period. These three sequences have been presented out of sequence to make them clearer; but it’s obvious of course that they all overlap.
MORE
As anticipated by LEAP/E2020, the fear largely fed by the City of London and Wall Street of a Eurozone break-up over the Greek debt crisis proved unfounded. Euroland has come out of this violently conflictual episode with its "natural allies" much reinforced. According to our team, 2012 will mark the starting point for the perpetuation of a new global power, Euroland. However, this development remains conditional on the question of democratization that we analyze in this issue, through the three sequences of Euroland’s evolution 2012-2016. These five years will lead Europeans to profoundly influence a global geopolitical rebalancing whilst domestically a radical new phase of European integration is opening up in the coming months. Moreover, this GEAB issue anticipates the US Dollar’s progress as a dominant currency for global commercial transactions. The 2012 to 2013 period will in fact bring great changes in this area directly affecting global trade as the relative power of the currencies involved. In addition recommendations on currencies, gold, Greece, Russia, the US economy and stock markets, LEAP/E2020 offers a preview in this issue of the next book to be published in March 2012 by Anticipolis Editions entitled "2015 - The Great fall of Western real estate" by Sylvain Périfel and Philippe Schneider.
For this press release, LEAP/E2020 has chosen to present its anticipations on the first of the three Euroland sequences 2012-2016.
As previously announced, LEAP/E2020 is presenting its anticipations for Europe over the 2012-2016 period in this issue. In the context of a global systemic crisis, two strategic trends will mark these five years for Europeans: on the one hand the stabilization of Euroland as a new full global power (1); and, on the other, the absolute requirement for the European elite to raise the democratic freeze which now weighs heavily on the process of European integration. In this issue our team analyzes why, starting from the second half of 2012, conditions will be at their best for Euroland to take on these two trends fully (2). Of course, numerous economic, financial, strategic and political challenges remain for Europeans; but, with the global systemic crisis entering its phase of reconstituting world geopolitical balances, with Euroland, they have a “new sovereign” able to positively influence the course of events (3). Of course, this capacity is conditional upon the democratic legitimization of the whole of Euroland governance. From 2012 to 2016, three major sequences will characterize Euroland’s stabilization as a full sovereign and the lifting of the democratic freeze.
Before going into the European case in detail, our team would like to remind readers that the big difference today between the anticipation of the United States’ development and Europe’s is due to the fact that the United States has a completely paralysed antiquated politico-institutional system, whereas European integration has a strong dynamic associated with great institutional flexibility. The absence of major reform in the United States since the beginning of the crisis in 2008 compared with the impressive series of European institutional leaps and bounds since mid-2010 (developments considered impossible by many just two years ago) offers a striking illustration. In the American case, the question of anticipation of events thus forces to be able to identify the points of rupture of a sclerotic system. In the European case, it’s a question on the other hand of targeting the course of events and evaluating their pace of development (4). Which is much simpler in fact when, like LEAP/E2020, one has a good understanding of how Europe functions institutionally, and has a good sense for public opinion in the various Member States (5).
The last point of this preamble, the European decision-making process will considerably improve for Euroland since, from now on, only the countries using the Euro will take the decisions. Moreover, it’s a feature of these years of crisis to have finally clarified an absurd situation which saw countries outside the Eurozone, even anti-Euro (like the United Kingdom), take part in decisions on the Euro. But nevertheless, the very nature of the European decision-making process, implying negotiations and compromises, will continue to show it as being chaotic and slow, as opposed to national decision making. It will be much less than before, but still there all the same because it’s the very characteristic of the functioning of European integration; ultimately it is also one of its conditions of effectiveness, in order that each State really applies what has been decided.
Now, let’s move on to the analysis of the three major sequences which will characterise the 2012-2016 period. These three sequences have been presented out of sequence to make them clearer; but it’s obvious of course that they all overlap.
MORE
19 March 2012
Turk - Physical Gold Buyers Won the Day, Shorts to Retreat
With gold and silver holding firm, despite bearish news, today King World News interviewed James Turk out of Spain. Turk told King World News the critical levels to look for in both gold and silver. But first, here is what Turk had to say about today’s action: “The precious metals ended last week on the ropes, Eric. The news at the open this morning here in Europe was bleak because the Indian government announced a doubling of the import tax on gold. Given that India is world's the largest purchaser of gold, this news was bearish.”
James Turk continues:
“Then the auction for the Greek credit default swaps concluded smoothly, suggesting the Greek default would not be disruptive. So the shorts had every chance today to deliver another crushing blow to the precious metals to continue the selling pressure from last week. But it didn't happen, Eric. The precious metals came back and put in a good day by holding above important support at $1650 for gold and $32 for silver.
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James Turk continues:
“Then the auction for the Greek credit default swaps concluded smoothly, suggesting the Greek default would not be disruptive. So the shorts had every chance today to deliver another crushing blow to the precious metals to continue the selling pressure from last week. But it didn't happen, Eric. The precious metals came back and put in a good day by holding above important support at $1650 for gold and $32 for silver.
MORE
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