James Turk – Gold & Silver Have Reached an Important Bottom
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With volatility continuing in gold and silver, today King World News interviewed James Turk out of Spain. When asked about the action in precious metals Turk responded, “Through Friday’s close on the LBMA, silver remained in backwardation, even by the numbers reported on the LBMA’s site. The strong bounce on Friday after the option expiration […]

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Richard Russell – Get Out of Your Dollar Assets Now!
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With gold and silver near recent lows and the US Dollar having broken key support at 78.50, the Godfather of newsletter writers Richard Russell had this warning for his subscribers, “Remember, many leading nations want to eliminate the US dollar as the world’s reserve currency. If this happens, it will be one of the worst […]

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Agnico Eagle CEO Sean Boyd – $2,000 Gold This Year
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With gold and silver near recent lows, King World News today interview Sean Boyd, Vice Chairman and CEO of Agnico Eagle which boasts a $ 15 billion market cap. When asked about the action in gold and silver Boyd stated, “Investors are gaining more confidence not just in the economy, but in the world’s financial […]

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James Turk – Silver in Backwardation, Set to Explode
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James Turk has alerted King World News that silver is in backwardation. Turk spoke with KWN saying, “Silver is in backwardation which is an extremely important development. Most are aware that when backwardation occurs, the spot price is higher than the futures price. Backwardation happens regularly in most commodities, but it is rare in the […]

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Ben Davies – Fears: Social, Economic & Financial Eventualities
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With the financial world seemingly lurching from one crisis to another, Ben Davies, CEO of Hinde Capital eximanines his “fears” about social, economic and financial eventualities. This is a portion of a brand new 45 page report from Hinde Capital titled, “None Shall Sleep.” click here for the rest of the story

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$28 Should Hold on Silver, After Final Move Down
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With gold and silver continuing the longer process of digesting the 2011 move higher, many traders are looking for a final down move to put in a bottom. One trader out of London commented, “The physical market is still extraordinarily tight here. Somewhere around the $ 28 area there should be a firm base as […]

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Richard Russell – Gold is the Ultimate Survival Mechanism
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With gold still consolidating gains, the Godfather of newsletter writers Richard Russell in his latest commentary stated, “The double-dip is almost here, as six cities set new lows for the period since the 2006 peaks. There is no good news in October’s report." David Blitzer, managing director at S&P Case-Shiller. I’ve said before that as […]

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John Embry – Gold Over $2,000, Silver Above $50 in 2011
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With a sharp two day correction in gold and silver taking place, King World News today interviewed John Embry, Chief Investment Strategist at Sprott Asset Management. When asked about the quick decline Embry stated, “This may be the best opportunity you’re going to get at least from a price sense to buy gold and silver […]

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James Turk – New Buyers Taking on Silver Shorts is Very Bullish
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With the ongoing consolidation in gold and silver, King World News today interviewed James Turk out of Spain. When asked about the fact that trading in the silver market has changed in recent months Turk commented, “One other indicator that the game has changed is that Comex open interest actually increased on Wednesday’s big takedown. […]

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Jim Rickards – Gold Standard Coming, Fed’s Hoenig Correct
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Fed Governor Hoenig shocked many observers yesterday when he stated, “The gold standard is a very legitimate monetary system…We’re not going to have fewer crises necessarily. You will have a longer period of price stability or price level stability, but I don’t know that you’ll have lower unemployment, I don’t know that you’ll have fewer […]

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2011: China and Other Asian Central Banks Light The Way
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The most important news for currency and commodity markets in 2010 was, in our view, the June move by China to open its currency to a flexible regime. Over the course of the year, we have discussed the ripple effect this has had on currency markets, especially concerning its implication on the USD/Index. We believe […]

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