KingWorldNews.com May 14, 2012 With a sea of red across virtually all markets, today King World News interviewed acclaimed money manager Stephen Leeb, Chairman & Chief Investment Officer of Leeb Capital Management. Leeb told KWN that global financial markets are in an extraordinarily unstable situation. Leeb also said investors should expect to see more... »
Archive for May 14th, 2012
Talking Surveillance Cameras Coming to U.S. Streets
‘Intellistreets’ system now being installed with DHS backing Paul Joseph Watson Prison Planet.com Monday, May 14, 2012 Talking surveillance cameras that bark orders at passers-by and can also record conversations are heading for U.S. streets, with manufacturer Illuminating Concepts announcing the progress of its ‘Intellistreets’ system. As we first reported last year, high tech... »
Meet The Latest Converted Gold Bug: The IMF
by Tyler Durden ZeroHedge.com 05/14/2012 When wonkish blogs suggest gold ownership as a hedge for the political idiocy of the world, it is mockingly shrugged off. When the BRICs add gold, it is eschewed in a ‘well, its diversification’ argument. But when the bankers’ bankers’ bank – The IMF – starts adding Gold to... »
“And you run the risk, in the worst circumstance, of revolution.”
Embry – This is One of the Greatest Statements of All-Time KingWorldNews.com May 14, 2012 With global stock markets tumbling, along with gold and silver, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management. Embry discussed gold and other major markets, but first, here is... »
A Bumpy Ride
BY JR NYQUIST FinancialSense.com 05/14/2012 We are facing a potentially rough time ahead. The European financial crisis goes from bad to worse. We now learn that JPMorgan has losses of $2 billion. But heavier losses are bound to hit Europe as the French have elected a socialist president who proposes to raise the top... »
The final death throes of the euro
The euro crisis is entering its final stages. Economic pain is now interacting with political resistance to produce intense financial pressure. I expect Greece to leave the euro – and perhaps very soon. By Roger Bootle TelegraphUK 13 May 2012 It could happen voluntarily, but both the Greek people and Greek politicians are still... »
World edges closer to deflationary slump as money contracts in China
All key indicators of China’s money supply are flashing warning signs. The broader measures have slumped to stagnation levels not seen since the late 1990s. By Ambrose Evans-Pritchard TelegraphUK 13 May 2012 Narrow M1 data for April is the weakest since modern records began. Real M1 deposits – a leading indicator of economic growth... »