Harsh Changes Are Coming For Global Markets & Mankind

With continued chaos around the world and uncertainty in global markets, today KWN is publishing a powerful piece that was written by a 60-year market veteran.  The Godfather of newsletter writers, Richard Russell, predicted that “harsh” changes are coming for mankind.  Russell also discussed stocks, gold, and what investors should be doing in the face […]

Continue reading

Should the Dollar Be Backed By Gold Again?

Over the course of human history, the concept of money has gradually evolved. From bartering to currency, people have sought convenient methods for conductingeconomic transactions. The Continental Congress printed paper money called the Continental, an early American currency that was circulated in an effort to fund the American Revolution. By the end of the war, […]

Continue reading

A new wave of U.S. mortgage trouble threatens

(Reuters) – U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble, a trend that could deal another blow to the country’s biggest banks. The loans are a problem now because an increasing number are hitting their 10-year anniversary, at which point borrowers usually must start paying […]

Continue reading

What Is Goldman Sachs Doing With Venezuela's Gold?

A while back Greece had a problem. The problem was that it wanted to borrow more money, but didn’t want to increase its debt. (Because the European Union would frown on it having more debt.) So it went to Goldman Sachs, and Goldman told Greece, well, what you can do is borrow some money from […]

Continue reading

Why your savings account WILL lose money

On the flight down to Chile the other day from the US, I opened up a local Texas newspaper to an article entitled something like: “Getting the most out of your savings account”. The reporter went on to list all the banks in the area where you could lock your money up in a 1-year […]

Continue reading

Europe buys time again

PARIS, Nov. 25 (UPI) — Claiming triumph in the Iran talks and swallowing disappointment in Ukraine, the eurozone has also chosen to duck its financial problems yet again. The meeting of eurozone finance ministers in Brussels was Friday was a historic event. It was the first such gathering under the new rules that allow ministers to […]

Continue reading

Inflation is Raging – If You Know Where to Look

Most people – certainly most governments and economists – define inflation as a general rise in prices. But this is wrong. Inflation is an increase in the money supply, of which a rising general price level is just one possible result – and not the most common one. More often, excessive money creation shows up […]

Continue reading

Maguire – Physical Markets For Gold and Silver On Fire

On the heels of continued pressure in gold and silver, London metals trader Andrew Maguire spoke with King World News about the incredible demand taking place around the world for both physical gold and silver, and how this is being reflected in the stunning and record premiums.  KWN also has an update on bullish sentiment. […]

Continue reading

Iran Agrees to Deal With Powers to Curb Nuclear Work

Iran’s accord with world powers to limit its nuclear program in exchange for as much as $7 billion in relief from sanctions left Presidents Barack Obama and Hassan Rouhani the task of selling the deal to critics. By agreeing to curtail its nuclear activities, Iran won an easing of certain sanctions on oil, auto parts, gold and precious metals […]

Continue reading

Fed's Tarullo details plans to counter bank runs

Global regulators need more policy tools to counter the risk of devastating bank runs and should have powers over a wide array of market participants, U.S. Federal Reserve Governor Dan Tarullo said on Friday. “There is a need to supplement prudential bank regulation with a third set of policy options in the form of regulatory […]

Continue reading