KW: King World News has been for years a website promoting gold to investors, actually to anyone who will listen becasue gold has been ridiculed by financial commentators who only promote stocks, stocks, and more stocks. But now as gold has already ended the past week at an all time high of US$1,901.30 for the week and apears headed to break the all time high price ever reached ($1921.00) the articels and commentary on King World News are now sharply into focus especially as some commentators are predicting gold surging massively now that it is apparent that central banks have lost control of the financial system and the money printing formula has (and is) destroying the value of currencies the world over. People are abandoning the dollar but anyone with a brain can see that the ‘markets’ are a bubble pumped full and kept alive by all these printed currencies and could collapse. Egon Van Greyerz explains. I don’t know how it’s all going to work out as if the predictions of these commentators are correct the world is heading into a chaotic stage. If you want to learnmore about gold then read some of the articles on KWN. Lassonde and Alistair Macleod are intersting interviews you can listen to.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned investors to brace for collapsing global stock markets and skyrocketing gold prices.