Today James Turk warned King World News that something “shocking” has occurred in the gold market. Turk also spoke about a key change in another market that KWN readers around the world should be aware of. Below is what Turk had to say in this powerful interview.
Turk: “There are two major events underway which everybody should be paying close attention, Eric. The first one is rising interest rates. You and I have already focused on this point to some extent, but we saw another huge surge in rates to a new multi-year high after the unemployment report on Friday, which is very telling. We need to look at this rise in interest rates in relation to an economy that is barely crawling along.
Here we are nearly five years after the 2008 collapse, yet people are still looking for an economic recovery....
To continue reading the James Turk interview click here.
With gold, silver and Uranium stocks being out of favor one must decide if this is a problem or an opportunity. We have steadfastly refused to buy gold and silver mining stocks for the last two years and as evidenced by the HUI we feel that our decision to hold back has been vindicated. The damage done to the mining sector may not be over yet but this demise is starting to offer up some exciting opportunities in my view.
Great care will be needed in the selection process in order to generate a reasonable profit and that’s where our new venture begins. ‘Stock Trader’ has begun trading on behalf of ourselves and our much valued subscribers, all exciting stuff which we are really looking forward to, if you wish to join us then please subscribe below;
Subscribe for 12 months with recurring billing - $199
Buy 12 months of subscription time - $199
Don’t forget if you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stocks, silver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.
Please remember to check your spam folder once you have subscribed to ensure that your verification has not gone astray and you are getting our emails.