- Source:
Thursday, November 22, 2012
Liberty and Gold
Monday, November 19, 2012
This Always ENDS the Same Way Zimbabwe, Argentina... America
James Turk appears on the SGT Report, where gold silver and the coming hyperinflation is discussed. View the full video above.
- Source, SGTReport:
- Source, SGTReport:
Tuesday, November 13, 2012
The Dow / Gold Ratio is Headed to 1/1
"One of the early victories of central planners has been to fool gold and silver investors into believing that gold and silver can only rise if stocks are rising. But if stocks are plunging, then gold and silver must plunge as well. This is patently false.
The Dow/Gold ratio is headed to 1/1, just like it was in the 1930s, and in 1980 at the end of those two financial busts. In order to achieve this eventual 1/1 parity, gold and silver have to move in the opposite direction of the stock market, just like they did last week.
So don’t be fooled into believing the half-truths of the central planners and those who use government intervention to disrupt the markets. The bottom line is that gold and silver do not need more QE to achieve higher prices. Therefore, I think it is reasonable to look for gold and silver to continue repeating last week's performance by climbing higher as we move to the end of the year, regardless of what happens in the global stock markets.”
The Dow/Gold ratio is headed to 1/1, just like it was in the 1930s, and in 1980 at the end of those two financial busts. In order to achieve this eventual 1/1 parity, gold and silver have to move in the opposite direction of the stock market, just like they did last week.
So don’t be fooled into believing the half-truths of the central planners and those who use government intervention to disrupt the markets. The bottom line is that gold and silver do not need more QE to achieve higher prices. Therefore, I think it is reasonable to look for gold and silver to continue repeating last week's performance by climbing higher as we move to the end of the year, regardless of what happens in the global stock markets.”
- James Turk via a recent King World News interview, read the full interview here:
Sunday, November 11, 2012
The Precious Metals Are at a Low
"The black-box trend followers, which have had their pockets picked time and again, look like they are going to be chopped up with another whip-saw. The precious metals are probably at a low, meaning they will soon reverse and head higher from here. So it’s time to buy to again to start re-building a position."
- James Turk via a recent FOREX Pros article, read the full article here:
Tuesday, November 6, 2012
Weak Hands Get Shaken out of the Market
"These takedowns are intended to have the maximum psychological effect. The best way for the commercial shorts and the central planners to do that is to keep people pondering over the weekend about the big price drop. Big price drops often get some weak hands shaken out of the market, particularly when the weak hands have a whole weekend to worry about it.
It also gets people who intend to buy gold and silver to put off their purchase, either because they are too worried to buy or because they think they might get a lower price if they wait to buy at a later date...."
It also gets people who intend to buy gold and silver to put off their purchase, either because they are too worried to buy or because they think they might get a lower price if they wait to buy at a later date...."
- James Turk via a recent King World News interview, read the full interview here:
Friday, November 2, 2012
Central Banks Are a Barbarous Relic
"A point I have made many times, Eric, is that we must view gold and central banking in their proper perspective. Gold is not a barbarous relic. The real barbarous relic is central banking when it perpetrates State control of money. This control impedes the market process that is an essential part of any free society. Controlling money is like controlling free speech. If a government controls a country’s money, it controls its people."
- James Turk via a recent interview with King World News, Read the full interview here:
Saturday, October 27, 2012
GoldSeek Radio Interviews James Turk
James Turk was recently interviewed by Chris Waltzek of GoldSkeek Radio. You can listen to that full interview here.
- Source:
Tuesday, October 23, 2012
The Precious Metals Markets are Rigged
“I think John Embry got it exactly right in his KWN interview this week, Eric. John made the point about the US election coming up and the effort to make everything look as good as possible. We already saw that happen earlier in the month when the questionable unemployment number was released.
That unemployment release even got the mainstream people raising their eyebrows when they saw the big drop. Now we are seeing it in gold and silver. Just about everybody recognizes that the precious metals markets are rigged, to use John's term.
As a consequence, gold and silver were beaten up a little, which can make a week like this one a bit discouraging...."
As a consequence, gold and silver were beaten up a little, which can make a week like this one a bit discouraging...."
- James Turk via a recent King World News interview, read the full interview here:
Thursday, October 18, 2012
Gold, Bitcoin and Competitive Currencies
Félix explains the working mechanisms behind Bitcoin, which is a digital currency. He talks about the decentralised Bitcoin protocol, which is the DNA of Bitcoin and assures that bitcoins will not be double-spent. He states that Bitcoin can't be shut down unless the whole internet gets shut down.
They discuss the differences, but also the similarities between Bitcoin and digital gold currencies. James Turk points out that using tangible assets as money eliminates counterparty and payment risk. Félix states, that the amount of minable bitcoins is limited similar to the amount of gold.
Furthermore they talk about the security of Bitcoin exchanges and the difference between money and currency. Both endorse the idea of bringing competition to currencies and developing new ways to transact more efficiently."
- Source: http://www.goldmoney.com/goldresearch
Sunday, October 14, 2012
The Merits of Owning Gold
He also talks of the coming dollar collapse and the waterfall decline in the dollar, especially since Ben Bernanke's words on QE. He talks of different examples of hyperinflation from paper money hyperinflation in Weimar Germany to deposit currency hyperinflation in Argentina. The presentation was held on 29 April 2011 in Munich, Germany."
- Source: http://www.goldmoney.com
Saturday, October 6, 2012
James Turk Talks to Félix Moreno on Recent Gold and Silver Moves
"GoldMoney's James Turk interviews Félix Moreno de la Cova, who is a studied economist, trader and GoldMoney contributor. They talk about the recent action in the precious metals and currency markets.
With the announcement of QE3 by the Federal Reserve last week the prices for gold and silver continued to surge higher. However Félix points out that September is traditionally a strong month for the metals which is why they might have rallied even without further monetary stimulus. He states that after a year of consolidation the stage is now set for much higher prices.
He points out that the competitive devaluation of the major currencies is continuing which in the end will lead to the destruction of all fiat currency. While the new liquidity injection by the European Central Bank helped to boost the markets in the short term and caused the euro to rally against the dollar he expects that the markets will soon again start to focus on the fiscal problems in Europe - none of which have been resolved yet.
They emphasise the extraordinary situation of negative interest rates and point out that gold prices are far from being overvalued right now despite the fact that gold is flirting with new all-time highs in euro terms. Félix is also extremely bullish regarding silver, though pointing to the high volatility. He states that accumulating precious metals will continue to be a great strategy going forward."
- Source:
Tuesday, October 2, 2012
Central Banks are Out of Control
"The Federal Reserve has been doubling-down for years, Eric, with QE1, QE2, Twist and now QE3, which has no limit. The other central banks have been doubling-down too because just about all of them are out of control. They refuse to admit, or possibly do not even understand, that their formula to create wealth by money printing is based on flawed economic theory which is just plain wrong. Wealth does not come from the printing press; it only comes from hard work."
- James Turk via a recent King World News interview, read the full interview here:
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