James Turk’s Outlook for Gold for 2013 to 2015


His is the latest from Jim Turk on Gold and currency. Enjoy- Ed

Published on Dec 20, 2012

Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. 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 USD350 at the time, James stated that he envisioned the gold price to be around USD8,000 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. A clear concise argument for Gold and Silver ownership from someone who bravely called central banking The Barbarous Relic, in a timeless essay, for the Committee for Monetary Research and Education (CMRE), back in 2006. The essay can be downloaded here:

http://www.goldmoney.com/

Advertisements

About Edward Freeman Fly... WhoRU
I am that I am... I am experiencing this "physical universe" and ponder the contrasting "non physical universe" right here, right now. I am the open space, I am the no thing in which it all happens... I live fully from the heart and mind, I am now stepping up to my responsibility to share All I've experienced and learned so far during my life time here. I am open to all the possibilities... Are we living in a virtual reality, a flat earth model... I am open to All the possibilities... I will be speaking publically, writing books and presenting the many possibilities of the nature of our shared consciousness/reality very soon... Peace, Freedom, Liberty and Love to All my Brothers and Sisters... far and wide... I can be contacted at: ereidhead@gmail.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: