In the same category

Turk notes weakening 'flash crashes'; Embry knocks Yellen's disinformation

IMG Auteur
Published : July 22nd, 2014
166 words - Reading time : less than a minute
( 2 votes, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : GoldWire

"Flash crashes" in gold and silver, the attacks of market-rigging central planners, are having less effect, GoldMoney founder and GATA consultant James Turk tells King World News today. "With both gold and silver -- as well as the mining stocks -- being so undervalued," Turk says, " the central planners can't keep downward pressure on the precious metals for days or even weeks like they used to."

Turk's interview is excerpted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2014/7/21_Ja...

Meanwhile Sprott Asset Management's John Embry, also interviewed at KWN, disputes last week's statement to Congress by Federal Reserve Chairwoman Janet Yellen. "That is one of the most naive statements I've ever read," Embry says. "There is untruth in virtually every assumption. I think there is a much stronger probability that economic activity in the United States is already contracting. This means monetary policy is going to have to be aggressive rather than accommodative or the system is going to collapse."

Embry's interview is excerpted at KWN here:

http://kingworldnews.com/kingworldnews/KWN...2014/7/21_Jo...

<< Previous article
Rate : Average note :5 (2 votes)
>> Next article
Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.