James Turk - Markets Analysis (SmartStox Interview)

King World News: Interview with James Turk

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/3/5_James_Turk_files/James%20Turk%203%3A5%3A2011.mp3

KWN does another great interview with GoldMoney (http://www.goldmoney.com/) Founder and Author, James Turk.

If you are looking to accumulate under your ongoing program, don’t hesitate, buy right here. A couple of months from now you are going to look back on this price and be happy that you bought at these levels. If you are looking to trade here, this is probably also a buying opportunity. But be mindful of Friday afternoons when the markets are notoriously illiquid which therefore enables the shorts to paint the tape. On these occasions in the past, buying the Friday close has been a good way to play these markets.

1/7/2011 James Turk:

If you are looking to accumulate under your ongoing program, don’t hesitate, buy right here. A couple of months from now you are going to look back on this price and be happy that you bought at these levels.

If you are looking to trade here, this is probably also a buying opportunity. But be mindful of Friday afternoons when the markets are notoriously illiquid which therefore enables the shorts to paint the tape. On these occasions in the past, buying the Friday close has been a good way to play these markets.

FULL STORY

Richest Man Getting Into Silver? - KingWorldNews. Is JPM crapping thier pantsuit?

Is the World’s Richest Man Getting Into Silver?

[and is JP Morgan crapping their pantsuit?]

KingWordNews:

A source in mergers and acquisitions out of Europe has alerted King World News that Carlos Slim may be looking to enter the silver market in a big way. Gold and silver are in big bull markets and this is attracting the attention of some of the smartest money around the globe. James Turk commented, “If this deal does happen Eric, this is going to make the silver shorts choke.” Fresnillo has a current market cap of roughly $19 billion.

The European source commented, “This deal has been floating around for a while, but I think this time it is going to happen. It’s in his backyard. This is the world’s richest man wanting to get into silver.”

I view this as the only way for the richest man in the world to enter the silver market at this point in terms of any scale, is that your take as well?

“Yes, I agree with that. Let me just add that when he buys into it (Fresnillo) he will have the leverage to silver he is looking for. There are very few ways to get into silver with the amount of money he has, this is the most likely option at this point. He has to pay a hefty price or otherwise the deal will not happen. It is beginning to look like the longer he waits, the more he will have to pay. It is a bull market and things to tend to get more expensive, not less.”

King World News reached out to James Turk to get his comments. When asked about the potential buyout Turk stated, “If this is true he is following in the footsteps of John Paulson and his exposure to gold through Anglo Ashanti. In Carlos’s case, when you have billions of dollars to invest, it is impossible to buy physical silver in any significant quantity with the market so tight. The point I am making is that Paulson ended up buying 30% of Anglo-Ashanti for a few billion dollars giving him exposure to the gold price.

If you have three, five, ten billion dollars to invest, you cannot buy physical gold or physical silver without sending the price sky high. So what can you do? You can buy a mining company.

I know of one wealthy individual who bought resources in the ground so he could develop the mine and keep all of the gold it produces. This is essentially what Carlos would be doing with silver. I don’t know if the rumor with Fresnillo is true or not, but there is a lot of logic to it. Also, looking at the chart, it is obvious it was under strong accumulation for most of 2010.”

James if you were Carlos Slim, would you buy Fresnillo to gain exposure to the price of silver?

“Absolutely, sometimes when you have billions of dollars to invest it can be a hard thing to do without moving the market. Given that you can’t buy billions of dollars of physical silver without sending the price into the stratosphere, the best way to do that would be through this acquisition. To be clear, let me disclose that I have no position in Fresnillo.

If this deal goes through, it’s going to cause a lot of people to take a look at the silver market. One thing that is certain is that a lot of smart money with billions to invest is looking at ways to get exposure to both gold and silver.”

As gold and silver continue to gain prominence in the financial world, it may be the biggest money in the world which is now wanting a stake. If Carlos does this deal as Turk said, it will make a great many investors around the globe take a look at the silver market.

Eric King
KINGWORLDNEWS.com

James Turk: How do you position gold into a portfolio?

James Turk of gold money says gold is not an investment it is money and should be considered as such when including it with in any portfolio.

David Morgan speaks with James Turk about the Gold / Silver Ratio:

James Turk of Gold Money Interview on GSR - Numbers Don't Lie

GSR Radio Interview with James Turk of Gold Money

- Inflation (dollar debasement) leading to Hyper-Inflation.
- Why things are different this time.
- Economic warnings such as interest rates.
- Why a gold bear market is NOT coming like in the 1980's. 

Link to James Turk's important article:  Free Gold Money Report- "Numbers Don't Lie"

Link to Goldseek Radio site with Chris Waltzek: HERE 

Link to GoldMoney "The Best Way to Buy Gold and Silver" : HERE

Gold is Money, What About Silver? Can Gold be Debt?

Gold is Money, What About Silver? Can Gold be Debt?

The Mish strikes back, trusts the force to quell FOFOA silver slight.

James Turk - price supression coming to an end? (Nov. 20th)

GoldMoney founder and GATA consultant James Turk tells Eric King of King World News that more short covering in the precious metals seems likely next week as today's precious metals markets look increasingly like those of the late 1970s, as price suppression came undone.
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/11/20_James_Turk.html

Gold Seek Radio - Encore Show - Nov 26th, 2010

Gold Seek Radio with Chris Waltzek (Encore Show)

http://radio.goldseek.com/

• Gerald Celente (Trends Research)
• Catherine Austin Fitts (Solari)
• Bill Murphy (Gata, Metropol Cafe)
• James Turk (Gold Money)

Nov 26th, 2010
20,000 Global Listeners
Toll Free Hotline 1-800-507-6531

http://radio.goldseek.com/shows/2010/11.26.2010/GSR-11.26.10-cc.mp3

James Turk of GoldMoney Interviews David Morgan about Silver

"THE MARKET HAS CHANGED"

James Turk interviews David Morgan --

The GoldMoney Foundation is proud to present an exclusive interview between its founder James Turk and David Morgan, founder and director of Silver-Investor.com, a leading silver investment website.

The 18-minutes in-depth interview was recorded on November 6th, 2010 at the Edelmetallmesse in Munich, Germany. We think you will appreciate the opportunity to get to know James' and David's thoughts on the current movements in the silver price, the CFTC investigation as well as future gold and silver prices.

The audio can be found HERE.