James Turk: gold price will go above $11,000

IMG Auteur
Published : November 18th, 2011
135 words - Reading time : less than a minute
( 3 votes, 4.7/5 ) , 1 commentary
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
1
comment
Our Newsletter...
FOLLOW : Goldmoney James Turk

 

 

 

 

In one important respect, gold is like any other asset. You want to buy it when it is undervalued, and sell it when the opposite is true – when it becomes overvalued. Thus, knowing how to accurately value gold is essential for sound portfolio management. In an essay recently published on the GoldMoney Foundation website, James Turk explains how his "Gold Index" can help people do this. This piece was originally published on the King World News Blog.

The key point that James discusses is that gold valuation needs to take account of the amount of foreign exchange reserves held by central banks around the world, and how this relates to the amount of gold held by these same institutions. Read James's essay, Why The Gold Price Will Go Above $11,000 for all the details.

 

 

<< Previous article
Rate : Average note :4.7 (3 votes)
>> Next article
James Turk is the founder of the Free Gold Money Report and of GoldMoney.com. He is also the co-author of The Coming Collapse of the Dollar (www.dollarcollapse.com).
WebsiteSubscribe to his services
Comments closed
  All Favorites Best Rated  
His Divine Grace A.C. Bhaktivedanta Swami Srila Prabhupada, October 16, 1975, Johannesburg: Money is not required. You require things. Just like instead of money, you are getting papers. Money means gold. Where is gold?
Latest comment posted for this article
His Divine Grace A.C. Bhaktivedanta Swami Srila Prabhupada, October 16, 1975, Johannesburg: Money is not required. You require things. Just like instead of money, you are getting papers. Money means gold. Where is gold?  Read more
Tamoharadasa - 11/18/2011 at 6:23 PM GMT
Top articles
Latest Comments
Top Ten Reasons I Buy Gold Silver [#7] - These Assets Come With a ...
21 Sepvictoriashores1
HI Jeff I have read your articles with a lot of interest in your feelings with the future of Gold and Silver. I'm 75 years of age and have ...
What Is the Correct Amount of Money?
20 Sepgfs543
If money is the heart of the economy, then the economies of the world are running with diseased hearts. Keynesians and other monetary intervention...
Pushback
20 SepGypsy
James, you're getting more difficult to read. As a Deplorable, I realize my under-education leaves me at a disadvantage when faced against the Mer...
Pushback
18 Sepdennyc3
If a university professor has been on the job for more than five years without venturing out into the world there's usually nothing to learn here. ...
Rude Awakening for the US in January? No, Just More Alarmist BS Fro...
18 SepDRGEORGE
The world & the US $ have been on the brink for 10 years (or more). In 2008 it nearly happened but giving the 1% a stack of money saved the day. It...
'No evidence' of gold market manipulation, CPM Group's Christian in...
15 Sepneville
Despite being a so-called GOLD website ,I have read more anti GOLD articles on kitco than on any other site. Yes chris you are absolutely corre...
Rude Awakening for the US in January? No, Just More Alarmist BS Fro...
15 SepSilverthumb2
I used to enjoy listening to Rickards. He sold out when he signed on with Agora Financial. Now he's just another ranting alarmist trying to get ri...
What's Killing the Jobs Market?
13 SepJ.0
It is hard to know where to begin to respond to your comment Recusant. You do not seem to understand how markets work. So, I'll throw out some po...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS