James Turk On Friday’s Intense Trading As The War In The Gold Market Heats Up
After some very intense overnight trading that continued Friday in the gold market, James Turk spoke with King World News about the war in the precious metals markets.
After some very intense overnight trading that continued Friday in the gold market, James Turk spoke with King World News about the war in the precious metals markets.
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.
Gold is now on the cusp of a major breakout similar to 2016 but with way more firepower.
Below are comments from Peter Schiff and James Turk as the gold market flirts with a major breakout.
Auryn Intersects 116 meters of 0.58% Copper Equivalent in Historical Drill Core from Auryn’s Fierrazo Target at Sombrero Vancouver, British Columbia – June 13, 2019 – Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, “Auryn” or the “Company”) is pleased to announce results from eight historical drill holes, totaling 988 meters of drilling, from the Fierrazo target at the Sombrero project in Southern Peru. These holes were drilled in 2013
A legendary hedge fund manager just predicted gold may soar to $1,700 “rather quickly.”
With the price of gold near a major breakout, Paul Tudor Jones says, “Gold’s going to scream.”
Is this why the gold market is trading higher today and closing in on a breakout?
On the heels of the recent turbulent trading in global markets, one of the greats said, “there is zero chance” of a rate cut next week.