2 Fantastic Charts Show Gold May Quickly Surge $200

On the heels of continued downside pressure in the gold and silver markets, today top Citi analyst Tom Fitzpatrick spoke with King World News about what may cause a quick $200 surge higher in the price of gold. Fitzpatrick also sent King World News two fantastic charts. Below is what Fitzpatrick had to say both of his key charts.

Bad news for the US market – insiders are bailing out of its hottest stocks

There are ever more signs that the US stock market is getting frothy. So far this year, 192 companies have gone public in the US, according to the FT. Between them, they’ve raised $51.8bn – the highest level since 2000. Now, you could argue that many of these companies have better finances than those that came to market back in the days of the tech bubble. But what’s really troubling is that insiders seem very keen indeed to get out while the going’s good. We’re seeing a lot of what’s known as ‘busted lock-ins’ – and that’s not the only sign that the US is looking bubbly…

ECB's Mario Draghi denies Japanese-style deflation risk, drives euro even higher

Mario Draghi said the ECB is studying what happened in Japan at the onset of its Lost Decade in the 1990s, insisting that Europe is unlikely to go the same way

Europe repeating all the errors of Japan as deflation draws closer

The whole eurozone must have a higher inflation rate to lift the South far enough above the deflation line to gain breathing room

Eurozone M3 money plunge flashes deflation alert for 2014

Eurozone in danger of Japanese-style deflation that will cripple Club Med nations as money supply drops to record low levels