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.


Tuesday, April 19, 2016

James Turk- gold $8000 and silver $400 very soon


James Turk- $8000 gold price and $400 Silver price is very possible. Interview by SGTbull07.

Is this price range still valid today? Or is the gold and silver correction of 2013 too major.

The other commodity prices also declined in april. But as we can see now the major record breaking gold buying from China. Depleting stockpiles which leads to longer waiting for your orders.


Saturday, April 16, 2016

2016 Outlook & Roundtable Discussion - James Turk, Alasdair Macleod, John Butler


GoldMoney® Founder James Turk, GoldMoney® Research Head Alasdair Macleod, and GoldMoney® Wealth Services President John Butler discuss recent events in the global economy and their outlook for 2016.

GoldMoney® is the world's most trusted precious metals custodian and investment firm. Since 2001, we have been serving individuals, families, and corporations with physical access to gold, silver, platinum, and palladium for investment and long-term wealth protection. We provide the best way to invest and trade allocated precious metals online and ensure secure storage in specialised vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom.


Wednesday, March 16, 2016

James Turk: GoldMoney, Bitgold, Bitcoin, Precious Metals, China, Greece


Jeff interviews James Turk, topics include: Bitgold acquires GoldMoney.com, creates Gold Money Group, international precious metal vaults, digital gold for payments, cryptocurrencies, bypassing capital control, getting assets out before financial collapse, the situation in Greece, gold as sound money, the demise of fiat currency, gold and silver price, huge demand for silver bullion, gold and silver in backwardation, Citigroup derivatives exposure, Bitcoin and the Greek situation, un-safe deposit boxes, GoldMoney.com, Chinese stock market crash presaged the crash of 2008, Government intervention in markets, financial moves made for political reasons often unsound, Greece vs the Eurozone, financial contagion, staggering un-payable debt globally, the collapse of socialism, the trouble with socialism is you eventually run out of other people's money, the issue of debt is not solved by issuing more debt, total government debt has more than doubled worldwide since 2008, hang on to your gold and silver!


Friday, March 11, 2016

The Money Bubble is 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.”


- Source, USA Watchdog

Tuesday, March 1, 2016

Paper Assets Will Evaporate in 2016 Leaving Gold & Silver Standing


Precious metals expert James Turk says that things may get so bad that not losing will be winning. Turk explains, “In the environment that we are in, if we come out on the other side of the valley in terms of our wealth as when we went into this period, we are going to be doing very, very well. I would expect a lot of wealth destruction. At the end of the day, the houses are still going to be there. The farmland is still going to be there. The timberland is still going to be there. The oil wells are still going to be there. The bars of gold and silver are still going to be there. It’s the paper assets that are going to evaporate, and I think paper currency power is going to evaporate along with those paper assets.”

- Source USA Watchdog

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