Archive for June 8th, 2012

KingWorldNews.com June 8, 2012 With gold rallying $30 off the lows and global stock markets mixed, today King World News interviewed Peter Schiff, CEO of Europacific Capital, to get his thoughts on what lies ahead. Schiff told KWN when the Fed will come in with QE3, but first, here is what Schiff had to... »

Investmentwatchblog.com June 7th, 2012 Goldman Sachs reports their Global Economic indicators show the world has reentered a contraction and a steep stock market crash lies ahead. Goldman Sachs Global Leading Indicator (GLI) show that the global economy has entered into a contraction phase “suggest this could be a much more severe downturn” than Wall... »

KingWorldnews.com June 8, 2012 With many global investors still rattled by the recent price action of gold and silver, today King World News interviewed the “London Trader” to get his take on these markets. The source told KWN that not only was a shocking amount of paper gold sold in just 4 hours yesterday,... »

by Charles Hugh Smith ZeroHedge.com 06/08/2012 So the root problem is the system, human nature, blah blah blah. There are no “solutions” that can fix those defaults. Thus the “solution” is collapse. Policies create incentives and disincentives. Some are intended, some fall into the category of unintended consequences. Regardless of their intention, policies that... »

GoldCore GoldSeek.com Gold’s sell off was attributed to Fed Chairman Ben Bernanke not hinting at further quantitative easing. Leveraged speculators sold gold & silver aggressively after Bernanke failed to communicate aggressive use of helicopters to dump money on the citizenry of the US and further debase the dollar. When prices hit around $1,600/oz, Comex... »

Sherrie Questioning All FRIDAY, JUNE 8, 2012 Don’t cha just Love Iceland! If only Greece, Spain and the other European countries would take Iceland’s lead and put the Bankers on trial and tell the ECB to “F off” like Iceland did. The Supreme Court of Iceland convicted two bankers this week with regards to... »

KingWorldnews.com June 8, 2012 With continued turmoil in global markets, today King World News interviewed highly acclaimed trader Dan Norcini. Norcini warned KWN that “markets are in an extraordinarily dangerous situation” and they “remain at risk of a continued collapse.” Norcini has done a remarkable job of keeping KWN readers around the world way... »

Grim Metric: US Military Suicides Hit Highest Level Since War Began by Jason Ditz AntiWar.com June 07, 2012 US soldiers are committing suicide at an alarming rate in 2012, according to new Pentagon statistics reported by the Associated Press. The rate was roughly one per day, with 154 suicides in 155 days. The rate... »

Prison Planet.com Friday, June 8, 2012 The BBC is set to air a new ‘Conspiracy Road Trip’ hit piece on the 7/7 London bombings. As we saw with last summer’s 9/11 version, the program tries to get “truthers” to recant and swallow the official story – in the process ideologically burning them at the... »

F. Michael Maloof BusinessInsider.com June 8, 2012 Chinese companies apparently have a covert capability to remotely access communications technology sold to the United States and other Western countries and could “disable a country’s telecommunications infrastructure before a military engagement,” according to former and current intelligence sources. The Chinese also have the ability to exploit... »