Monday, November 15, 2010

James Turk - Gold to $8,000

By Michael Mross,

Gold is in a 2nd stage of a bull market. We will see a more rapid price appreciation than in the past years. Price target until 2015: 8000 Dollar. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinflation 100%. Gold prohibition possible.

For James Turk its quite clear, that the price of gold is manipulated. “By doing so it makes the Dollar look better because gold is the only natural competitor towards the Dollar. If you keep the gold price low it makes the Dollar look better then it really is”.

According to Turk, the capping of gold won’t last for on

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