By Andy Xie
BEIJING (Caixin Online) — The global economy has already entered into stagflation with a growth rate of 2% and inflation at 3%. The inflation rate is likely to rise above 4% in 18 months while the growth rate will remain stuck in the same range.
With inflation twice as high as the growth rate, the global economy will slip deeper into stagflation.
The recent decline in [...]
Dana Vollmer set a world record with her 55.98 second finish time
Allison Schmitt won silver in 400 meter freestyle Sunday
Ryan Lochte won first U.S. gold medal in 2012 Summer Olympics Saturday
Phelps lagged behind and came in fourth after disappointing qualifying race
Lochte beat Phelps in the 400 individual medley in the US trials
The pair have 17 Olympic gold medals between them
U.S. Olympic swimmer Dana Vollmer powered to victory in the 100-meter [...]
KWN
On the heels of continued bank runs in Europe, today King World News interviewed one of the legends in the gold world, Keith Barron. Barron consults with major gold companies around the world, as well as major brokerage houses, and he is also responsible for one of the largest gold discoveries in the last quarter century. Here is what Barron had to say about what is taking place in Europe: “There [...]
kingworldnews.com
Today one of the legends in the gold world told King World News the Greek situation will be catastrophic as it plays out over time. Keith Barron is responsible for one of the largest gold discoveries in history and consults with major gold companies around the world as well as international brokerage houses. Barron also said investors should expect to see more black swans on the horizon. Here is how [...]
kingworldnews.com
Today one of the legends in the gold world told King World News what we are looking at right now is “financial Armaggedon.” Keith Barron is responsible for one of the largest gold discoveries in history and consults with major gold companies around the world as well as international brokerage houses. Barron described the current situation as “Lehman times 1,000.” Here is how Barron described the financial nightmare: “Once their is [...]
kingworldnews.com
With continued volatility in gold and silver, today King World News interviewed one of the legends in the gold world, Keith Barron. Keith consults with major gold companies around the world as well as major brokerage houses and Keith is responsible for one of the largest gold discoveries in history. Here is what Barron said about a coming mania: “Oh yes, that’s coming. I met with a gentleman last week, I’m [...]
kingworldnews.com
KWN wanted to share some key portions of an upcoming gold report from four decade veteran, John Hathaway, the prolific manager of the Tocqueville Gold Fund. This will be one of his most important reports in years because of the content and also the current mindset which dominates the gold world. Here are just a few observations by one of the most extraordinary 5-star rated Morningstar fund managers: “2011 was a good [...]
kingworldnews.com
With gold surging $50 and silver trading up over $1, today King World News interviewed one of the greats in the gold world, Keith Barron. Keith consults with major gold companies around the world as well as major brokerage houses and Keith is responsible for one of the largest gold discoveries in history. When asked where he sees gold headed Barron responded, “We’re seeing [...]
Gold Rush: The Bullion Trail
Tue 30 Aug 11 | 01:33 PM ET
The following transcript has not been checked for accuracy.
highs. they were highlighting gold and back above 1800 and jumping today, and speculation about what europe might do with interest rates in qe. certainly, the yellow metal is up about 30% year to date and on track as you’re aware for more than a decade of upside. so [...]
kingworldnews.com
With extreme volatility in gold and silver, today King World News interviewed one of the legends in the gold world, Pierre Lassonde. When asked about the action in gold Lassonde replied, “Yeah, we’ve had a really good summer for gold, which was to some extent been unexpected. I was thinking that we would see more marking of time for a while on the gold price, but no, it’s [...]
Last Friday we were led to believe that the debt-ceiling crisis would be over by the start of Asia’s business on Monday. The weekend has gone and so the deal. The markets are very nervous and beginning to worry that a deal will not be made. This is merely a political game to earn a name because one or the other gives-in first. But the two [...]
kingworldnews.com
With gold over $1,600 and silver breaking back above $40, today King World News interviewed one of the greats in the gold world Pierre Lassonde. When asked about the action in gold Lassonde stated, “The one thing about the gold market right now is I think it has confounded an awful lot of the skeptics. Summers are a low period for gold price during the [...]
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