James Turk: Founder & Lead Director of Goldmoney, Inc (Toronto Exchange XAU) – His latest venture is Lend & Borrow Trust Company Ltd., an online peer-to-peer lending platform that brings lenders and borrowers together by enabling customers to borrow CAD, USD, GBP, EUR or CHF using their gold and silver as collateral for security to the lender…
James Turk: Founder & Lead Director of Goldmoney, Inc (Toronto Exchange XAU) – His latest venture is Lend & Borrow Trust Company Ltd., an online peer-to-peer lending platform that brings lenders and borrowers together by enabling customers to borrow CAD, USD, GBP, EUR or CHF using their gold and silver as collateral for security to the lender…
There is no question that the war in the gold and silver markets is heating up.
What in the world is going on with silver on the Comex and LBMA?
With central banks around the world leveraging like never before, the Fed has just expanded its balance sheet to $7.17 trillion, but look at the shocking leverage!
It appears that despite today’s pullback, the gold market has already seen its low.
With the US dollar rallying, gold and silver tumbling, look at what is happening with the real estate market.
This is how bad it has gotten for Main Street America.
On the heels of the US dollar tumbling and gold surging, the last time this breakout happened the price of gold surged $320 in less than 2 months.
With the price of gold trading more than $20 higher and the price of silver surging over 50 cents, this is definitely pushing the price of gold higher today.
