James Turk explains everything you need to know about where gold is headed ($11,000) with a simple equation and a chart of gold's fair price vs. actual price based on that equation.
Turk's entire analysis Why Gold Will Go Above $11,000 Can be found here at KWN:
8 comments:
james turk also called for 50 silver in sept... that guy couldnt get the short term right, what makes you people think he can get the long term right/.
Interesting formula... Where can I find a reliable value for both of these variables published online, Central Bank Foreign Exchange Reserves and Central Bank Gold Reserves?
Thanks in advance.
james turk is cia insider. every time he makes a statement, silver tanks. check out kwn posting and silver price after his comments.
i don't believe anything anymore because of all the manipulation and for all we know turk,sprott etc could be part of the cartel.
Not sure if they are part or pet of the cartel, they do trade on insider info. Sproot sold large amount of silver just before the May and Sept. crashes.
New currency is being printed at a rate of 22,000 dollars per new ounce being mined....I'd say that Mr. Turk is a bit low .
hey Anony, to make you feel a little more comfortable, turk,sprott etc. may tell you the long term truth, you see, what I'm saying is at least they give us continuous indirect signals just to get themselves feel justified in advance of any event via the voice of reps like Turk. Let's say that's a sort of their way of courtesy. You can just make use of that.
Can any one actually predict the future, it would be seriously cool if you could you would make a fortune as a sage or guru.Please let us know if you can.
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