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James Turk says mining shares have never been been cheaper, mining executives are clueless – w/ Turd Ferguson
TND Guest Contributor: Chirs Powell |
In an hour-long interview with the TF Metals Report’s Turd Ferguson, GoldMoney founder and GATA consultant James Turk says, among other things:
– Shares of monetary metals mining companies have never been cheaper.
– Gold backwardation has never been as severe, indicating massive intervention by central banks against gold.
– The World Gold Council and most monetary metals mining companies are not defending gold’s role as money, nor defending the industry itself, as most mining company executives are clueless about the nature of the monetary metals.
– Central banks are destroying the world’s market economies.
– And the Swiss Gold Initiative has a chance.
The interview is an hour long and can be heard at the TF Metals Report here:
http://www.tfmetalsreport.com/podcast/6357/conversation-james-turk
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About Chris Powell:
Mr. Powell has been managing editor of the Journal Inquirer, a daily newspaper in Manchester, Connecticut, since 1974. He serves as the secretary/treasurer and a director of the Gold Anti-Trust Action Committee (GATA). Mr. Powell publishes GATA “dispatches” on stories relevant to the precious metals community: click here to access them and the GATA website. For additional information about precious metals, financial markets and the economy a 2 week free trial to GATA chairman Bill Murphy’s subscription service is available by clicking here. This article is reprinted on The News Doctors with permission.
Source: http://thenewsdoctors.com/james-turk-says-mining-shares-have-never-been-been-cheaper-mining-executives-are-clueless-w-turd-ferguson/
