Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that most people don’t understand that the next stage of the Cycle of Evil is about to hit them. October 30 (King World News) – Egon von Greyerz, Founder of Matterhorn Asset Management:  We are on the inevitable road to perdition for the world economy & financial system, ending in a potential global conflict of uncontrollable proportions.  Evil begets evil as Th...

Gold is approaching a historic upside breakout… Gold vs Stock MarketOctober 30 (King World News) – Graddhy out of Sweden:  The Dow vs $GOLD ratio is topping big picture. Yellow breakdown + backtest, that is now done. Breaking away now from backtest as expected. BREAKDOWN DEAD AHEAD:Gold Is Set To Radically Outperform Stock Market Chart means gold will outperform stock market going forward, and that capital flows are moving towards precious metals. Institutions watch this ratio… This silver explo...

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that the prices of gold and silver are about to go vertical as the metals markets undergo a dynamic trend change. Gold & Silver Bull, Stock & Bond BearOctober 30 (King World News) – Michael Oliver:  The initial major bear leg in the U.S. stock market (which MSA signaled was beginning in January and February 2022) has passed—both its initia...

4:37p ET Saturday, October 28, 2023 Dear Friend of GATA and Gold: Dave Kranzler of Investment Research Dynamics in Denver is the guest on this week's episode of Kinesis Money's "Live from the Vault" program with host Shane Morand and London metals trader Andrew Maguire, discussing, among other things, the Western debt monster and the impossibility of servicing it, except maybe with gold revaulation, which Maguire is convinced is coming. The program is an hour long and can be viewed at YouTube he...

In addition to gaining full access to all SRSrocco Report public and Silver Member content, Gold members will be privy to 1-2 Gold Member posts per week in the SRSrocco Report Gold Vault on the topics listed below.  Gold Members will also receive deeper layers of analysis on the content provided to Silver Members and the general public. Your Gold Membership will give you first-rate, up-to-date summaries of what’s trending in the fields below, including “My Type of Analysis” SRSrocco’s trademark ...

The price of gold has surged above $2,000 as the world edges closer to a global war. A World In FearOctober 27 (King World News) – Alasdair Macleod:  This week, gold and silver went their separate ways, with gold rising and silver falling. In European trade this morning gold was $1985, up $4 from last Friday’s close, while silver was 22.81, down 21 cents.  Gold is edging higher, while silver edges lower.  Indeed, all the action is in gold, with Comex Open Interest continuing to rise as our next ...

King World News continues to focus on the big picture on the heels of the paper shenanigans in the paper gold and silver markets, but there is another problem and that is people going broke in the United States. Gold & CopperOctober 27 (King World News) – Graddhy out of Sweden:  GOLD is a safe-haven, and COPPER a base metal that does well in good economic conditions (“Dr Copper”). See what happened during the inflationary 70s. Gold May Radically Outperform Copper As It Did During the Inflati...

By Ambrose Evans-PritchardThe Telegraph, LondonFriday, October 27, 2023 America's commercial property collapse is becoming a danger to the financial system. Office blocks purchased with debt remain half empty, 18 months after the end of the pandemic. Thousands of buildings will have to be torn down. Hundreds of regional banks are sitting on crippling losses that they yet to acknowledge. "It's a train wreck in slow motion," said Professor Stijn Van Nieuwerburgh, a property and finance expert at C...

By Eddie SpenceBloomberg NewsFriday, October 27, 2023 Valcambi SA has resigned from the Swiss gold refining association after a disagreement over where it sources its gold. Ticino-based Valcambi left the Swiss Association of Precious Metal Manufacturers and Traders, which coordinates communication and lobbying on behalf of the industry and requires members to sign a code of conduct, due to "irreconcilable differences," the association said in a statement. ... Dispatch continues below ... ... ADV...

By Joseph AdinolfiMarketWatch, New YorkFriday, October 27, 2023 It's official: Gold is outperforming the S&P 500 stock index in 2023 due to an October rally that has brought the price of an ounce of the yellow metal to the cusp of the $2,000 mark, a level it hasn't seen since May. Metals traders attributed gold's gains to a surge in demand for hedges and safety plays following Hamas' Oct. 7 attack on Israel, which provoked a war between Israel and the group that is deemed a terrorist organiz...

On the heels of some very concerning trading action in Japan’s stock market and their currency, this rattled global markets and led one of the legends in the business to warn “these are perilous times.” October 26 (King World News) – Art Cashin, Head of Floor Operations at UBS:  The yield on the 10-year backs clearly off its intraday high of 4.99, but that fails to give the stock Bulls the kind of latitude it traditionally does. I think that’s because as we suggested in the Late morning update, ...

Terrifying predictions are being made regarding the speed of AI transition. Society Unprepared For Speed Of AI TransitionOctober 26 (King World News) – Gerald Celente:  By 2030, “AI will do 80 percent of all jobs we know of today,” renowned venture capitalist Vinod Khosla said last week at the Tech Live conference, sponsored by The Wall Street Journal. Khosla was one of the original investors in OpenAI, the creator of ChatGPT, which sparked the current AI revolution. He likened AI’s impact on jo...

Posted by SRSrocco in Economy, Energy, News, Silver Members on October 25, 2023 — Comments Off on USA & GLOBAL AUTO SALES SHOW TROUBLING SIGNS: Amazing Correlation Between Auto Sales & Oil Production While U.S. and Global Auto Sales still haven’t recovered since issues stemming from the 2020 Pandemic Shutdown, another culprit is at work.  No, it’s not due to shortages of semiconductors, even though that has accounted for a small part of the weak sales rebound.  So, what is it… This conte...

Worries are increasing regarding the United States and this is definitely going to be a positive catalyst for the gold bull market. Worries Mount Over U.S. Debts And DeficitsOctober 25 (King World News) – Gerald Celente:  Uncertainty about whether the U.S. Congress will raise the debt limit has helped push bond prices to multi-decade lows and given the U.S. Federal Reserve second thoughts about raising interest rates again when it meets next week, Bloomberg reported. Also, the U.S. debt has grow...

Everything is pointing to U.S. default and hyperinflation and it will be catastrophic for most people and their net worth. Heading Toward Another U.S. Government DefaultOctober 25 (King World News) – James Turk:  We are heading toward another U.S. government default. “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” — Ernest Hemingway, The Sun Also Rises, 1926 The financial position of the federal government of the United States has been gradually deter...

In addition to gaining full access to all SRSrocco Report public and Silver Member content, Gold members will be privy to 1-2 Gold Member posts per week in the SRSrocco Report Gold Vault on the topics listed below.  Gold Members will also receive deeper layers of analysis on the content provided to Silver Members and the general public. Your Gold Membership will give you first-rate, up-to-date summaries of what’s trending in the fields below, including “My Type of Analysis” SRSrocco’s trademark ...

Sprott says that China is aggressively buying gold, which is a major reason for the recent price spike,  but look at what is boosting silver. Central Banks Support Gold & Solar Demand Boosts SilverOctober 24 (King World News) – Paul Wong, Market Strategist at Sprott Asset Management:  Central banks support gold and solar PV demand buoys silver. Key Takeaways In bullion markets, gold fell modestly in the third quarter, while silver remained largely rangebound due to a lack of specific catalys...

"How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." -- Ernest Hemingway, The Sun Also Rises, 1926 * * * By James TurkTuesday, October 24, 2023 The financial position of the federal government of the United States has been gradually deteriorating for decades. It is now rushing headlong to the financial tipping point that will cause it to default on its promises yet again. What kind of default will it be this time? ... Dispatch continues below ... ... ADVER...

This dispatch is being repeated from Sunday, when e-mail trouble prevented it from reaching some subscribers. * * * By Robert LambourneSunday, October 22, 2023 1. Introduction This note considers whether the developing short position in U.S. Treasury futures might be linked to the process of "Quantitative Tightening" (QT) whereby the Federal Reserve has been reducing its holdings of U.S. Treasuries and other assets since the peak reached in March 2022. The chart at the link below tracks on a wee...

By Ronan ManlyBullion Star, SingaporeTuesday, October 24, 2023 There has been an unprecedented departure of all the Chinese banks from the London Bullion Market Association gold price auctions. These departures have gone uncommented by the LBMA, the Financial Conduct Authority, the mainstream media, auction administrator ICE Benchmark Administration, and by the Chinese banks themselves. ... Dispatch continues below ... ... ADVERTISEMENT ... Fisher Precious Metals offers great priceswith personal...