Friday, September 28, 2012

The Battle Over Gold and Silver

“It's a real battleground out there, Eric. It started at the beginning of last week when gold was looking like it would break through $1780 while silver was already climbing through $35. But then the shorts started throwing everything they could at that price advance and stopped both precious metals.

“Hitting a wall like that caused a reversal, but support quickly showed up in the $1750s and around $34. The same thing happened twice last week, but the week ended for the precious metals in a stand-off. Then today the battle started again when the shorts started pounding gold and silver here in Europe.

But just like last week, the buyers of physical metal showed up when gold dropped into the $1750s...."

- James Turk via a recent King World News interview, read the full interview here:

Monday, September 24, 2012

It Always Ends the Same - Disaster for the Currency




"James Turk, Founder of GoldMoney revisits his decade long prediction of $400 silver and $8,000 gold. And he corrects me, explaining that he sees it as early as 2013-2105, along with hyperinflation. The fuse has been lit and time is running out."

- Source:

http://SGTreport.com/

Friday, September 21, 2012

Big Price Gains in the Weeks and Months Ahead

"Buyers are not giving the precious metals a chance to correct. Their price just moves sideways, thus thwarting the selling from central planners who do not want to see the precious metals move higher. A sideways consolidation is one of the strongest patterns you can find in a bull market, so the way gold and silver have been trading bodes well for more big price gains in the weeks and months ahead."

- James Turk in a recent King World News interview, read the full interview here:

Monday, September 17, 2012

No Time for a Pullback Gold Going to New Highs

James Turk was recently interview by King World News once again. This time he gives a powerful interview in which he discusses Bernanke, QE3, gold, silver and more. He makes the bold call that there is no time to wait for a pullback. Gold and Silver are going to hit new highs. That sounds like a buy call if I ever heard one. 

Listen to this powerful interview, by King World News below:

Tuesday, September 11, 2012

The Dollars Come from Two Places...

"There is no discipline on US government spending. If there were, there would not be a string of trillion dollar deficits nor forecasts for trillion dollar deficits as far as the eye can see. These deficits mean the US government has to borrow money to fund its operation.

It is actually borrowing about 40% of the dollars that it is spending. These dollars can come from two places. It can come from savings, meaning people use accumulated wealth to buy the US government's debt, or the dollars can come from the printing press, and that leads to hyperinflation."

- James Turk in a recent King World News interview, read the full interview here:

Monday, September 10, 2012

The Euro is Destined to End Badly

"When the “primacy of politics” prevails, the ECB cannot possibly be independent. It is taking orders from EU governments who assert the “primacy of politics” over markets, the principles of the Bundesbank and even the rule of law. After all, it is impossible to count the number of times Maastricht Treaty obligations and EU rules for budget deficits and debt limits have been broken. So the euro is destined to end badly."

- James Turk in a recent interview with Resource Investor.com, read the full article here:

Tuesday, September 4, 2012

New Record Highs in Gold is a Done Deal

"It’s going to start accelerating on the upside. If you look at the long-term chart of gold and silver, yes gold has been up 11 years in a row, but the way it’s been rising, it’s been rising at an ever-accelerating rate.

I think you are going to start seeing some real upside in the not-too-distant future. In terms of targets, new record highs before the end of the year is pretty much a done deal. $2,000 gold is coming."


- James Turk in a recent interview with King World News, read the full interview here:

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