The Road to Hyperinflation

"The road to hyperinflation. We abandoned the wisdom of the founders."

- Source:

http://sgtreport.com/

James Turk's Outlook for Gold for 2013 until 2015

"GoldMoney Chairman James Turk presents a sequel to his recently released video "Everyone should have a precious metals portfolio" which outlines his views on where the monetary and financial worlds are headed.

In this latest video James provides an update to a longstanding forecast that he made back in 2003 in Barron's. This interview was widely talked about because whilst the gold price was USD 350 at the time, James stated that he envisioned the gold price to be around USD 8,000 sometime between 2013-2015.

Now 9 years later, James looks back on this forecast and explains how this original price target was determined. As this timeframe is approaching, James goes on to update this forecast considering the current economic climate.

James argues that the reasons laid out in 2003, that would impact negatively the purchasing power of the dollar, thereby positively impacting the price of gold, are in fact worse than anticipated."

- Source, GoldMoney Research:

http://www.goldmoney.com/goldresearch

James Turk Interviews Doug Casey

"In this video, Doug Casey, founder and chairman of Casey Research Institute, talks to the GoldMoney Foundation's James Turk about the greater depression that is facing the developed world. In Casey's view, finding intriguing investment opportunities is difficult at the moment, owing to the dislocations affecting economies as a result of central banks' money printing efforts. He does however think that tangible assets such as precious metals, land and fine art remain the best options available at the moment.

In stark contrast, Casey is extremely downbeat on bonds and the US dollar. He thinks that given the incredible levels that bond prices have risen to as a result of panicked safe-haven buying by hedge funds, they represent an excellent shorting opportunity for speculators.

Turk and Casey also discuss the opportunities to be had in mining shares, though Doug also points out the significant risks that mining companies face -- relating to political pressure from politicians and environmentalists. He says that investors need to be aware of these risks, but remains bullish on junior gold and silver producers.

Casey and Turk also discuss whether or not technological advances will ever gold obsolete as a potential form of money and store of value. Casey points out that according to Aristotle's definition of good money, gold will always remain the best form of money. In his words: "gold is uniquely suitable for use as money". Viewers can subscribe to free "Conversation with Casey" at www.caseyresearch.com. This interview was recorded in Sydney, Australia on 10 October 2011."

- Source, GoldMoney Research:

http://www.goldmoney.com/gold-research.html

Keep Stacking Physical

"How do you fight the gold cartel and central planners? Two things are important. First, the house is rigged, so don't play the game. Stay out of the paper market. Stop using the Comex. Don't be feedstock for the gold cartel. The second thing of course is far more important, which is to buy physical metal. In other words, accumulate physical gold and physical silver; don't trade them.”

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

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/12/17_Turk_-_The_Cartel_Getting_Desperate_In_The_Gold_%26_Silver_War.html

Everyone Should Have a Precious Metals Portfolio

"GoldMoney Chairman James Turk outlines the reasons why "everyone should have a precious metals portfolio."

James outlines the stark fiscal facts about government debt problems across the developed world, and why central banks' determination to devalue the currencies they issue is causing a bull market in precious metals. He demonstrates why gold remains undervalued, despite the great gains seen in its price over the last 11 years, and a means of assessing whether or not the yellow metal is fairly valued or not.

James argues that we are living in "fiat currency bubble", similar though many magnitudes greater than the recent housing bubbles seen in America, Ireland, Spain and other countries, or the "Tech bubble" in NASDAQ stocks in the late 1990s. The USA is racing towards hyperinflation, courtesy of the Federal Reserve's monetisation of US government deficits."

- Source, GoldMoney research:

http://www.goldmoney.com/gold-research.html

A Lot of Central Bank Gold is Missing

"GoldMoney's Andy Duncan speaks to James Turk, Chairman of GoldMoney and co-author of The Collapse of the Dollar (2004), about his claim that central banks are holding less in their physical gold reserves than many assume.

James Turk explains the problem that central banks report gold and gold receivables as one line item on their balance sheets. This allows them to lease out physical gold in return for paper claims -- posing the question of just how much physical gold is left.

They also discuss the Gold Money Index and the gold-based Fear Index. Both show that gold remains undervalued compared with historical norms. They talk about how close we are to a "Golden Cliff", where the western central banks stop lending out their gold, and what the systemic repercussions of this are likely to be.

Finally, they assess the chances of Western governments undertaking gold confiscation and capital control measures; the likely amount of physical gold held at Fort Knox; and the reasons behind their prediction of an upcoming failure of fiat paper currency."

- Source:

http://www.goldmoney.com/gold-research.html

The Reason they are Attempting to Make Gold and Silver Look Weak

"On a day like today when the metals are getting pounded by the cartel, it’s important to step back and look at the big picture. And the bottom line here is that we have some tough times coming. We need to prepare for it, and of course the best way to do that is by accumulating physical gold and silver.

The reason they are attempting to make gold and silver look weak here is because these monetary metals will provide the foundation when the monetary system is eventually re-constructed, and the price of gold and silver will be far higher than the numbers they are painting the tape with today. But before that day comes, they need to shake as many people out of these markets as possible so they are victims of the greatest wealth transfer in history, not beneficiaries.”

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

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/12/4_Turk_-_Here_Is_Why_They_Are_Pounding_Gold_%26_Silver_Today.html

Gold and Silver Will Eventually Become Overvalued, but Not Yet

"They (central planners) are running out of ammunition and they are running out of excuses for this system they are keeping together. Ultimately that is going to be reflected in a higher gold price. It (gold) is going to go up in the same way it went up in the 1970s when the US threw in the towel (on gold suppression) back then. Gold is going to go up by a much higher and rapid rate than any of us can envision.

At some point there is going to be a panic, but the panic is going to be by the people who are coming into the market late. I do agree that there is going to be a third stage to this market which will be the speculative blowoff. At some point in time gold and silver are going to be the opposite of where they are now. In other words they are going to become overvalued once again, just like they were in 1980.”

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

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/28_Turk_-_Current_Financial_System_To_Implode_Within_24_Months.html

There is a Shortage of Physical Gold

"We look at fundamental analysis, the supply/demand situation and things like that, and we also look at technical analysis, but there is a third analysis that can sometimes be useful and that’s called ‘anecdotal evidence.’

This announcement from India is anecdotal evidence confirming what we've been talking about all along, that there is a shortage of (available) physical gold out there. One of these days, the efforts to keep the price suppressed are going to fall apart."

- James Turk, via a recent three part interview with King World News, this is a excerpt of part two, read the full interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/27_Turk_-_Gold_Shortage_Forcing_Drastic_Steps_By_Central_Planners.html

LBMA Covering Up Silver Manipulation?

"They (the LBMA) are making it more and more opaque. Less and less information is being made available. Specifically, what’s happened here is that the LBMA had been reporting the silver lending rate and comparing it to the LIBOR rate.

For the past couple of years I have contended that this was a fictitious rate because, in reality, I believe silver is in backwardation. In other words, the future months are below the spot months, and so you should have a negative silver forward rate. But it’s not reported that way on the LBMA site.

They (the LBMA) consistently show a positive silver forward rate. Now, what the LBMA said is they are no longer going to report silver interest rates and silver forward rates....."

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

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/27_Turk_-_The_LBMA_Is_Moving_To_Cover_Up_Silver_Manipulation.html

Federal Reserve Pumps Money Into the System

"The Federal Reserve has started the printing presses now that the election is over.

It is beginning to pump some money into the system. Last week it turned $42.5 billion of debt into dollar currency - what is called monetization. Only $2 billion was new cash currency, which are the dollar notes that we carry in our pocket. The rest was deposit currency, which are dollars that circulate within the banking system.

Regardless, both are currency, and they both can juice the system, though deposit currency tends to have a bigger and immediate impact because it circulates more efficiently and usually more quickly...."

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

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/19_Turk_-_This_Is_The_Chart_That_Every_Investor_Needs_To_See.html

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Liberty and Gold

"In the second half, Max Keiser talks to James Turk of Goldmoney.com about the link between liberty and gold and the shooting war to follow the currency war. The also discuss the gold/silver ratio and why silver today is like gold at $600."

- Source:

http://maxkeiser.com/