Greece’s debt troubles are well known. Less recognized is the worrying truth that Greece is just the tip of the iceberg.
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By James Turk | Market Commentaries | Comments are Closed | 20 April, 2010
The dollar is approaching hyperinflation
April 12, 2010 – On August 16, 1999, I recounted how legendary traders Jim Fisk and Jay Gould had profited handsomely from a massive short squeeze in gold 130 years earlier. The opportunity they took advantage of arose because of the ongoing monetary turmoil of their day arising from the so-called “greenback”, the irredeemable fiatRead more
April 10, 2010 – Gold climbed $36.00 this past week, a substantial 3.2% weekly gain. Importantly, gold has finally hurdled above resistance around $1140. In fact, it literally blew right through it. It has been nearly a month since I wrote that we should “note how strong gold has been throughout this correction.” Even thoughRead more
By James Turk | Gold | Comments are Closed | 1 April, 2010
The shorts in gold – and particularly the shorts in silver – felt some pain today. Gold climbed $11.80 to close on the Comex at $1125.10, a 1.1% gain for the day. Silver did nearly twice as well, up 2.1% for the day and ending at $17.876, the highest in ten weeks. The gold/silver ratio fell to 62.9 from 63.6 the day before.
By James Turk | Market Commentaries | 0 comment | 1 April, 2010
April 1, 2010 – Everything is lining up for silver, which looks ready to soar. The catalyst to launch silver like a rocket may very well turn out to be last week’s CFTC hearing, which revealed the huge naked short position in the precious metal markets. In my annual forecast for 2010, I said: “WeRead more
JAMES TURK
GOLDMONEY
MONEY AND LIBERTY
“James Turk’s background is in banking and asset markets, not academic economics where careers are made on the promotion of institutional dogma often divorced from reality. This practical stance informs his book throughout, with much material that gets to the heart of the matter, and has stood the test of experience. Money and Liberty delivers plenty of core knowledge, from a practitioner involved in these topics for decades.” Forbes
MONEY BUBBLE
COLLAPSE OF THE DOLLAR
COMING COLLAPSE OF THE DOLLAR
ABOUT
My objective is to share with you my views on gold, which in recent decades has become one of the world’s most misunderstood asset classes. This low level of knowledge about gold creates a wonderful opportunity and competitive edge to everyone who truly understands gold and money.
