GoldMoney founder, Free Gold Money Report editor, and GATA consultant James Turk plots the long-term price of silver and reports a bullish new twist. Turk’s commentary is headlined “Silver’s Very Bullish Three-Decade Chart Pattern” and it’s posted at the FGMR Internet site.
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 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 2013-20
A recent New York Sun editorial echoes the point often made by GoldMoney’s James Turk — that gasoline isn’t going up in price, but rather the dollar is going down in value, and that the relevant policy isn’t energy policy but monetary policy.
Read The Sun’s editorial here: “Obama in Your Tank“.