KWN weekly

Increased inequality will push more social unrest

Written August 15th, 2014 by
Categories: KWN weekly, Latest Articles

King World News weekly – August 14, 2014

Increased inequality, sadly and understandably, will lead to more social unrest, war and famine

Greyerz: “Eric, we have a world where the wealth of the 85 richest people is the same as the 3.5 billion poorest. 1.5 billion people must live on $1.25 a day. So the gap between the rich and the poor is at unacceptable levels. Also, the world’s population has exploded in the last 100 years, almost 5-times, from 1.5 billion people to 7 billion people. In the coming economic downturn, which is an economic certainty, we will not only see many of the poor with empty stomachs, but also revolting because of the severe inequalities, with severe social unrest following…. Read the rest of this entry »

The coming worldwide debacle

Written August 1st, 2014 by
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King World News weekly – July 31, 2014

The coming worldwide debacle

Greyerz: “The world has never in history experienced the extent of potentially cataclysmic events that it is now facing. There is a high risk of a major war. With most major nations over-borrowed and bankrupt, it is in my view virtually guaranteed that we will have a worldwide deflationary implosion which will be devastating. But before that, desperate governments and central banks will flood the world with more worthless paper causing a hyperinflationary depression… Read the rest of this entry »

Gold industry is facing higher cost

Written July 24th, 2014 by
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King World News weekly – July 24, 2014

Greyerz: “Today there are massively elevated risks in the world both geopolitically and financially. With these risks we could see a change in markets at any time. I see investors in the two biggest markets in the world, bonds and stocks, being totally oblivious of what’s going to hit them. But before this is over, the world will experience asset destruction of a major proportion. I see stock markets coming down 90 percent in real terms (versus gold), and bond rates reaching 20 percent in coming years. At that point we will be looking at a very different world”…… Read the rest of this entry »

Exchange Controls And Perfect Fake Gold & Silver Coins

Written July 18th, 2014 by
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King World News weekly – July 17, 2014

Greyerz: “Eric, the U.S. dollar hegemony and role as a reserve currency is soon going to come to an end. This will lead to a precipitous fall of the dollar. The further consequences will be severe U.S. exchange controls. It will be virtually impossible for private individuals to transfer any funds out of the United States. It won’t matter if the transfer is for investment purposes or for holiday use. The fall of the dollar will also lead to major pressures in the U.S. economy and the U.S. financial system. So the U.S. will experience bail-ins and the U.S. will see forced transfer of savings into Treasuries as the budget deficit escalates to a much higher level…… Read the rest of this entry »

The world economy cracks are turning into black holes

Written July 10th, 2014 by
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King World News weekly – July 10, 2014

About Banks, Hungary, Portugal, Draghi, Fatca

Greyerz: “Eric, the cracks in the world and the world economy are getting greater by the day, and we are soon entering a stage where these cracks will turn into black holes. One of Portugal’s largest banks is now under real financial pressure. And in Austria, the Hypo Alpe Bank is finished. Erste Bank is also under pressure due to major losses on mortgage loans in Swiss francs to Hungary and Romania. We’ve been discussing for a while how the European banks are not reflecting their true bad debt situation, and this is not just in countries like Spain, Italy, Portugal, and Greece, but also in France….. Read the rest of this entry »

Investors will try to catch a falling knife

Written July 5th, 2014 by
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King World News weekly – July 3, 2014

Greyerz: “Eric, I am focused on the key indicators that will determine what will happen in the world in the next few years. What is frightening is that there are so many risk factors where each one can singularly change the fate of the world. I am looking at currencies, and particularly the U.S. dollar’s race to the bottom. I am also looking at major bubbles in stocks worldwide and the unsustainable debts that will never be repaid. And of course interest rates which will surge to levels that few people think are possible….. Read the rest of this entry »

Bonds will be good only for lighting fires

Written June 29th, 2014 by
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King World News weekly – June 28, 2014

Greyerz: “I’ve just come back from the United States. What surprised me was how bullish some people are about the U.S. economy and the equity markets. The mainstream media continues to fuel this totally misplaced optimism. I was watching one mainstream media news channel when the revised GDP figures came out at minus 2.9 percent for Q1. The reporter stated that in a survey of 25 economists, every one said the drop was due to climate and therefore was an aberration….. Read the rest of this entry »