Economics

Art Cashin Just Warned Central Banks Desperately Trying To Avoid Global Meltdown As Brexit Earthquake Shakes The World

Friday, June 24, 2016
By Paul Martin

KingWorldNews.com June 24, 2016 Legend Art Cashin just warned King World News that central banks are desperately trying to avoid a global meltdown as the Brexit earthquakes shakes the world. Brexit Earthquake Rattles The World Art Cashin: “It (Brexit) has become a kind of economic earthquake that has rattled around the globe into almost... »

Derivative Strategist Warns Of $150 Billion In Quant Selling Over The Next Three Days

Friday, June 24, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 24, 2016 “The bigger the down move today, the more they have to sell, which would basically create a vicious cycle,” Cheong, head of Americas equity derivatives strategy at UBS, said in a phone interview. “We’ll see front-loaded selling in the range of $100 billion to $150 billion over... »

Nomura Warns “Do Not Underestimate The Global Contagion” From Brexit

Friday, June 24, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 24, 2016 In a nutshell, Nomura expects the global impact of the Brexit to be more through the financial, confidence and psychology channels than simply through trade. Their warning is to not underestimate the depth and reach of global financial market contagion, which seems to have increased since 2008.... »

BREXIT: The Unanimous Winner Of Six-Sigma Black Swan is GOLD…”Many “counterparties” were outright blown up today.”

Friday, June 24, 2016
By Paul Martin

SilverDoctors.com June 24, 2016 Brexit is being called a six sigma “Black Swan”. The world will wake up Monday morning to all sorts of margin calls. You must understand, the “carry trade” is held on very thin margin. Many “counterparties” were outright blown up today. The unanimous winner in ALL currencies is gold… Submitted... »

BAML Admits Wrongdoing, Agrees To Pay $415 Million For “Misusing Customer Cash To Generate Profits”…(Nobody In Jail!!)

Friday, June 24, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 24, 2016 The SEC announced on Thursday that Bank of America’s Merrill Lynch unit admitted wrongdoing and has agreed to pay $415 million to settle charges that it “misused customer cash to generate profits for the firm.” According to the statement, Merrill violated the SEC’s Consumer Protection Rule by... »

Goldman Tells Clients To Start Buying Gold; Raises Price Target By $100

Friday, June 24, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 24, 2016 “We are raising our gold price targets to $1300/toz, 1280/toz and $1250/toz on a 3/6/12 month basis from $1200/toz, $1180/toz and $1150/toz respectively. We also upgrade our year average forecasts to $1260/toz, $1261/toz and $1250/toz from $1202/toz, $1150/toz and $1150/toz for 2016/17/18 respectively.” The Rest…HERE Share on... »

Bill Holter: The Entire System is The Black Swan

Friday, June 24, 2016
By Paul Martin

The Daily Coin June 23, 2016 Bill Holter, JSMineset, stopped by to share his thoughts on the current state of the precious metals markets, pre-Brexit thoughts and the failing confidence in central banks the world over – specifically the Western central banks. There are two situations that are currently happening in the gold market... »

BREXIT Wins: Government Resigns, EU Convulses, Gold Soars, Markets Panic, People Prevail, NWO Shocked…”No One Really Knows Where This Is All Going Except To A Collapse of Civilization As We Know It”

Friday, June 24, 2016
By Paul Martin

Stateofthenation2012.com June 24, 2016 Global Economic & Financial System Faces Greatest Challenges Ever! Trigger Point for the Super Shemitah State of the Nation Something so HUGE just happened it even defied the bookmakers in London. The bookies never get it wrong; their odds are virtually always spot on. A victorious BREXIT just took the... »

‘Buy gold’ searches soar 500pc after Britain votes to leave EU: here’s how to get your hands on the yellow metal

Friday, June 24, 2016
By Paul Martin

By Lauren Davidson Telegraph.co.uk 24 JUNE 2016 The price of gold surged in the early hours of the morning as it became clearer that the British public had voted to leave the European Union . The precious metal rallied as much as 8.1pc to nearly $1,360 an ounce, its highest since March 2014, after... »

After Brexit Shocker There Is Trouble At The Comex And The Global Financial System Is On The Brink

Friday, June 24, 2016
By Paul Martin

KingWorldNews.com June 24, 2016 In the wake of the stunning Brexit outcome in Britain there is trouble at the Comex as the price of gold surges and the global financial system is now on the brink. This is why emergency central bank intervention is taking place. Victor Sperandeo has been in the business 45... »

Support Revolution Radio