Thursday, June 30, 2016

JAMES TURK GOLD PRICE RISE COMING?



Saturday, June 4, 2016

GoldMoney Inc TSX Opening & Pre-Opening Speech


Exciting day for GoldMoney Inc and BitGold customers: GoldMoney executives rang in the market open of the Toronto Stock Exchange this morning, to celebrate the company's graduation onto the TSX main trading board (the company was previously classified as TSX Venture). Seen behind the opening desk are BitGold CFO Katie Sokalsky, BitGold CEO Darrell MacMullin, GoldMoney Chief Strategy Officer / BitGold Co-Founder Josh Crumb, GoldMoney CEO Roy Sebag, and GoldMoney Founder & Director James Turk.


Wednesday, June 1, 2016

GoldMoney Roundtable: History of Banking & Gold Bullion As Currency | Part 2


In Part 2 of the GoldMoney Inc roundtable recorded in Toronto, our panel discusses the history of other items of value—such as salt—and how they fare compared to gold over time. The history and evolution of the banking system is also explored in depth in this lively chat. Participating in the discussion, from left to right: Alasdair Macleod, Roy Sebag, James Turk, Josh Crumb, and Stefan Wieler.


Monday, May 30, 2016

GoldMoney Roundtable: History And Importance of Gold | Part 1


Gold Bullion is the world's oldest asset class and the century's best performing currency. In this brand new GoldMoney Inc roundtable recorded in Toronto, top executives from the company explore the history of gold as currency and how the banking system evolved over time. Participating in the discussion, from left to right: Alasdair Macleod, Roy Sebag, James Turk, Josh Crumb, and Stefan Wieler.


Tuesday, May 24, 2016

You don't invest in gold, gold is money


James Turk, globally recognized expert on precious metals, joins the Boom and Bust show on Bloomberg TV Bulgaria to discuss a wide range of investment topics - monetary policy, the new reality of negative nominal yields, investment strategies for wealth preservation, what to consider when investing in gold and how to prepare for turbulent times.


Tuesday, May 10, 2016

We're Living Within A Money Bubble of Epic Proportion


James Turk believes the time we live in now will be studied by future historians for generations to come. Just as we today marvel at the collective madness that resulted in the South Sea and Dutch tulip manias, our age will be known as the era when society lost sight of what money really is.

And as result, the wrong kinds of wealth -- today, that's mostly financial assets -- are valued and pursued. And just like those bubbles from centuries ago, when the current asset boom goes bust, the value of paper wealth will vaporize.

In contrast, those holding tangible productive assets or real money will fare much better on a relative basis.

James and co-author John Rubino (of DollarCollapse.com) have recently published a new book covering the details of this prediction called The Money Bubble: What To Do Before It Pops. Within it, they delve into the reasons for why the world is destined for what Ludwig von Mises termed a "crack up boom".


Friday, May 6, 2016

Money Bubble About to Pop


Gold expert James Turk thinks the biggest bubble of all is long past its expiration date. Turk thinks this bubble will end like all bubbles. Turk predicts, “This money bubble is going to pop. It has to because there is just too much debt in the world. That debt has to be reconciled and, ultimately, when you are reconciling debt, it gets back to the point about collateral on the balance sheets. There is just not enough good collateral to support all of this paper money circulating out there.”

Turk also says there is way too many paper promises for the actual physical gold that can be delivered. So, in the future, Turk says, “I see a lot of these promises to deliver gold being broken and, ultimately, the only way you are going to see this being resolved is with a much higher gold price.” How high? Turk estimates, “You’ve got to be looking back to the all-time highs of $1,900 or $2,000 per ounce. We are eventually going to take those out. It’s just a question of when we do it. It’s obvious it is going to happen because gold has been money for 5,000 years and, ultimately, people will come back to gold when they realize that all these promises of bankers and central bankers really cannot be fulfilled. So, it is just a question of when that reconciliation comes. In March of 1968, the dam broke and the gold price was released and the gold price climbed for another 12 years. When the gold price finally gets released this time around, it’s going to climb for many, many more years. It’s hard to say how high it can go, but relative to the amount of paper that’s out there . . . a price several times higher than what we have today seems very, very reasonable in the long run.”


Saturday, April 30, 2016

Gold to $11,000 - We Are in a Fiat Currency Bubble


James Turk of GoldMoney.com predicts gold will reach "$11,000" per ounce in the next five years. Turk goes on to say, "It might come sooner. It depends on when confidence finally breaks, and we're getting very, very close to that stage. There's nothing holding the dollar together but confidence." Join Greg Hunter as he goes One-on-One with James Turk.


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