Category: James Turk

Gold Shortsellers Ran Into a Wall of Buyers

They then tried a second time to push gold under $1240 when New York opened. But the selling in the paper market by the price manipulators was hit by a wave of buying. The buying continued throughout Friday, and gold actually closed near the highs for the day, up $2.30 from the day before. It…

Pierre Jovanovic Interview with James Turk in Paris

Pierre Jovanovic talks to James Turk about John Law, the Mississippi Bubble and how John Law duped the French people and the French Regent into buying his shares and allowing his Bank to issue bank notes. They explain how the whole experiment blew up in just 5 year and the terrible consequences for the whole…

James Turk – Inflation is Rising All Around the World

Once the uptrend line going back to the December lows was broken, the selling in both precious metals was relentless. After declines like these, one would normally expect prices to bounce, and we got that today. But it wasn’t spectacular. I think today’s lackluster bounce occurred because of a big distraction. It seems most everyone…