Today James Turk warned King World News that we may finally be on the cusp of seeing the long-awaited Comex default.
July 4 (King World News) – James Turk: “To me, the decline in Open Interest reflects the fact that people know it’s a rigged game. So if you are going to enter a rigged game, you do it with open eyes. I think that as the gold and silver markets eventually turn higher you are going to see the Open Interest go back up, unless there is some kind of default on the Comex — a failure to deliver of one sort or another. Because there are still a lot of active deliveries, more so than there have ever been in the…to continue listening to James Turk discuss what he expects next for gold, silver, the mining stocks and more CLICK HERE OR ON THE IMAGE BELOW.
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Largest Chinese Banks Forcing Customers To Close Gold & Silver Short Positions CLICK HERE.
SPECIAL UPDATE: Here’s The Key To Gold & Silver Markets As We Head Into Friday CLICK HERE.
Gold As Oversold As 2008, Right Before Gold Soared 171% CLICK HERE.
World Being Driven By Conflicts That Increasingly Resemble Disastrous 1930s CLICK HERE.
IMPORTANT UPDATE: The US Has Just Suffered A Major Strategic Loss CLICK HERE.
The Truth About This Pullback In Gold CLICK HERE.
GOLD & SILVER: Remain Focused On The Big Picture During Takedowns CLICK HERE.
Despite Correction, Physical Gold Is Scarce CLICK HERE.
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