As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies spoke with King World News about his $1 million wager and the Gold Maginot Line.
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.
As the war in the gold and silver markets continues to rage, commercial hedgers have been making big moves as gold and silver prices continue to surge.
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.
On the heels of Paul Tudor Jones Bullish comments on gold, a monumental shift in sentiment just took place in the gold market.
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.