ALERT: Derivatives Nightmare Has Shares In Hong Kong Plunging And Gold Surging To $1,250

Thursday, February 11, 2016
By Paul Martin

KingWorldNews.com
February 10, 2016

With gold moving well above $1,250, many market participants are trying to understand: Why gold is surging and why there is so much turmoil in overseas trading in Asia?

Fortunately, KWN has the answer for its global readers
The reason for the surge in gold and the turmoil in overseas trading in Asia is that there is extreme nervousness about the plunge in Hong Kong’s stock market.

Below, Art Cashin issued the following warning to King World News on January 20, 2016.

Hong Kong Derivative Nightmare May Increase Global Panic
Art Cashin: “I would keep my eye on Hong Kong. There are concerns growing that there are a variety of derivatives in Hong Kong which are priced at current levels and that a lower move would lead to some forced selling — the equivalent of margin calls. So the place I’ll be watching … is Hong Kong to see how its market acts.”

The Rest…HERE

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