With global stock markets remaining strong, today a man who has been trading major markets for over four decades spoke with King World News about the historic moves we are seeing take place in major markets which is shocking the world. Below is what James Turk had to say in his powerful interview.
Turk: “This is option expiry week for gold, Eric, so here we have yet another instance of the gold price getting hit as options come to the end of their life. This pattern of downward pressure on the gold price during option expiry has repeated time and time again over the years. So this long track record of these price slam-downs is just another piece of evidence demonstrating how the gold market is rigged....
To continue reading the James Turk interview please click here
In September 2011 the Gold Bugs index, the HUI stood at 630 as gold prices peaked, since then both have trended lower with the HUI losing about 65% of its value. The bottom has been called a number of times and after such a dramatic decline its difficult not to think that we are there now. However, as we all know the timing of any investment is crucial to its success and that is exactly what we are trying to do here, trying to pick advantageous entry and exit points. If you would like to know which stocks we are buying and selling please join us at ‘Stock Trader’ our premium investment service.
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