China’s important global chess moves

John Ing – “The price of gold taking out key resistance levels will take place in the fall.  So the outlook for the gold market with all the uncertainty around the world is very, very positive.”

KWN_Chess_864x400_cJohn Ing interview with King World News – “People should also be keeping an eye on the U.S. dollar.  If the dollar begins to tumble, there is some support at 92 and then real support at 87.  That type of decline in the dollar will Continue reading “China’s important global chess moves”

IMF: Chances are 99% that China will get approved for reserve currency status

“If you put all this together, Eric, you have a case for gold.  China is going to back their currency with gold.”

KWN, Maguire

King World News reported yesterday that the IMF is about ready to approve the move and China is ready to step into the position of reserve currency status.  What happens next we can guess.

READ THE ARTICLE HERE: http://kingworldnews.com/china-is-preparing-to-shock-the-world/

UBS is about to blow the cover on a massive gold-rigging scandal

Zurich, November 20, 2014. REUTERS/Arnd Wiegmann
Zurich, 2014. REUTERS/Arnd Wiegmann

This is a disturbing revelation posted yesterday by Tyler Durden on Zero Hedge.  The corruption is deep and wide, and we are so far down the rabbit hole that most people don’t even realize the lights went out a long time ago.  It’s an article based on one from Reuters.

READ THE ARTICLE ON Z-HEDGE HERE:  http://www.zerohedge.com/news/2015-09-28/ubs-about-blow-cover-massive-gold-price-rigging-scandal

READ THE ARTICLE ON REUTERS HERE: http://uk.reuters.com/article/2015/09/29/uk-precious-manipulation-swiss-idUKKCN0RS0IZ20150929

9/3/15 “A Dollar Crash of Biblical Proportion” – Bill Holter

Bill Holter

Bill Holter is back and he says “Something Just Happened”. In fact, something changed three weeks ago and a series of events began which has led to a cascading collapse in global markets and some very strange happenings in the precious metals markets.

In silver last week there was confirmed volume of 122,482 contracts traded in a single day which represents 612 MILLION ounces of physical silver … or over 87% of annual global silver production. Meanwhile China has sold $100 billion worth of Treasury bonds over the last two weeks. Continue reading “9/3/15 “A Dollar Crash of Biblical Proportion” – Bill Holter”