A2A with James Turk


Our recent run of extraordinary webinars continued today with this invaluable appearance by James Turk, founder of GoldMoney. If you can make the time, you will please be sure to give this recording a thorough listen. You won't be disappointed.

The call begins with a discussion of the recent merger between GoldMoney and BitGold. As you might imagine, ole Turd is very excited about the opportunity presented by this platform and I was eager to open my own account. I strongly urge you to check out GoldMoney/BitGold yourself and (full disclosure), if you enter and join through the link below, yours truly earns 1/4 gram of gold for himself. So, please, by all means...


The call then proceeds to cover a plethora of topics over the next 55 minutes, including:

  • How to measure tightness in the global physical metal market?
  • Can/will bankers and hedge funds naked short the mining industry into oblivion?
  • How might China respond if they're not included in the IMF's SDR later this year?
  • Is it justified to own more silver than gold, given the current gold:silver?
  • Why don't mining executives do more to fight the manipulation of the paper markets?

And much, much more.

Again, please take the time to listen to this entire presentation. Break it up into smaller segments if you need to but try to listen to the whole thing. Great stuff from an industry legend and recognized expert on the global gold market.



Aug 7, 2015 - 10:41am

Mish/Bitgold/Mish Readers Q&A

Worth reading:

Bitgold states that FATCA does NOT apply, nothing conclusive either way on FBAR.


Aug 7, 2015 - 10:38am

If anyone can't see that buying Silver

should be the number one priority, then, as "rugrat" said in " Wolf of Wallstreet"

"Turn your brain on"

"It's been stated that there is more physical gold stored in vaults around the world available to the market than silver. This is true because gold is still viewed as an asset on Central Banks' balance sheets as well as the top physical insurance hedge against a currency or economic collapse for many of the wealthy. So, it's true that there is less above ground available silver stocks in the world compared to gold. Thus, silver is actually more rare than gold.
This will be a major factor in pushing the value of silver higher in percentage terms in comparison to gold in the future when the U.S. Dollar finally loses its world reserve currency status. Several countries continue to set up trade agreements using their own currencies, sidestepping the Dollar. This will only increase in the future."

SRSrocco, "The Silver Chart Report" ( emphasis mine ) which I highly recommend and is well worth the price.

Aug 7, 2015 - 10:31am

Just sayin`

My post from 4th July 2015...

From CNN: U.S. unemployment fell to 5.3%, its lowest level since April 2008, according to the latest government data released Thursday.

Population of USA according to US Census Bureau 318,900,000

From Bureau labor and Statistics, number of population not in labor force : 93,626,000

Surely that is more than 5.3% ?

I went to skool and think the true figure is nearer 4%, jmho....Happy 4th !

Aug 7, 2015 - 10:26am

Turd - if silver keeps

Turd - if silver keeps chugging upward at this rate, all the while outpacing gold in percentage gains, it would be nice for you to show that chart of silver and copper overlaid to see how big of a divergence we're seeing currently in terms of that algo pairing.

Aug 7, 2015 - 10:24am

Silver holding above 14.84

But quite clearly stymied at $14.90

Let's see what happens next as the chart, which I'll show you in the new post, is beginning to look like a bottom/reversal.

Aug 7, 2015 - 10:22am

These shills spouting

These shills spouting nonsense economics have a B.S. in, well, BS!

Aug 7, 2015 - 10:19am

Bitgold - Thoughts

If you have concerns about FBAR or FATCA as a US citizen, just buy through the NY vault and take delivery. Amounts under $10,000 do not require FBAR filing IMO (DYODD), and I'm not sure that FBAR applies to Bitgold. Even though they bought GoldMoney, the structure is now different and if it's possible to avoid FBAR then I'm am positive that Sebag would try to find a way.

Also, Turk said that the pre-paid cards are not available in the US, they in fact rolled out yesterday as I have one on order now.

Feed the Turd with this link: https://BitGold.com/r/TlY5pO

Aug 7, 2015 - 10:11am

BOE says Gold is best money.... Huh?

Thruthiness is becoming an issue with the MSM... click red link below for details:

Bank of England study: Gold is best money but buying it risks offending U.S.

A Bank of England policy study written in 1988 describes gold as “the ultimate store of value and medium of exchange” because it carries no counterparty riskbut cautions against increasing the United Kingdom’s gold reserves because doing so might be construed as a negative comment on the U.S. dollar and thus would risk giving “great offense to the United States.

The study, written by Bank of England staff members, was located recently by gold researcher and GATA consultant Ronan Manly.

The study concludes that the British government should seek ways of earning a return on the country’s gold reserves. The United Kingdom’s leasing of gold may have been encouraged by the paper — and certainly would have pleased the United States by helping to suppress the gold price and strengthen the dollar — though the bank told GATA in 2011 that the U.K. had stopped leasing gold in 2007.

Aug 7, 2015 - 10:06am
Aug 7, 2015 - 10:02am

The gods of the Amorites!

It is quite sad as we witness the candidates that have been set up to control this once great nation. From our appointed SCOTUS gang to the national elected officials, we have fallen into the pit. Will there ever be, in the future, when someone will be raised up who will actually be for the good of the nation and the world? Who and what will we serve over the coming decades?

It is a huge mistake to forget about history. We have been shelter from much because of being protected by two major oceans but that day is over. The things our grandparents fled from have arrive in full force and there is no escape and no new land to evacuate to.

In time, it will be an interesting day when the plague of the Muslims had taken full root upon our shores. The courts and politicians, that have taken away all of the original American rights and replaced them with the progressive laws of the radical ones, will find themselves in a position identical to the nobility of early France. Nancy and Harry will not be tolerated by the Muslims. Hollywood will be shut down except for reruns of the conquest of Constantinople and Trump will not have any beauty queens to view who are not covered from head to toe. The SCOTUS , if alive, will be breaking up rocks with hammers on the slopes of the Rockies as only converts to slavery will work the fields to serve their new leaders. The women of America will never again receive an education nor be allowed to work. They will be housebound and will fully understand the evils of forced sex and slavery, forever.

Oh well, it just had to happen. One could say "it is written" and just move onward. I met with a black man again from Ghana. He said "Jim, have you been in London lately? The nation has been taken over by Muslims and Europe is lost forever". Yes Hitler wanted to destroy England from the outside but the invading forces have now destroyed it from within, they just do not realize their fallen condition.

Well there is only One Hope, and it will be for whosoever will:

Joshua 24:15


And if it seem evil unto you to serve the Lord, choose you this day whom ye will serve, whether the gods which your fathers served that were on the other side of the river, or the gods of the Amorites in whose land ye dwell. But as for me and my house, we will serve the Lord.”

Subscribe or login to read all comments.


Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 10/19

10/19 11:45 ET Goon Chlamydia
10/20 8:30 ET Housing Starts
10/20 1:00 pm ET Goon Evans
10/21 10:00 ET Goon Mester
10/21 2:00 pm ET Fed Beige Book
10/22 8:30 ET Initial Jobless Claims
10/23 9:45 ET Markit Oct flash PMIs

Key Economic Events Week of 10/12

10/13 8:30 ET CPI and Core CPI
10/14 8:30 ET PPI
10/14 9:00 ET Goon Chlamydia
10/15 8:30 ET Philly Fed
10/15 8:30 ET Empire State Idx
10/15 8:30 ET Import Price Idx
10/16 8:30 ET Retail Sales
10/16 9:15 ET Cap Ute & Ind Prod
10/16 10:00 ET Business Inv

Key Economic Events Week of 10/5

10/5 9:45 ET Markit Svc PMI
10/5 10:00 ET ISM Svc PMI
10/5 10:45 ET Goon Evans
10/6 8:30 ET Trade Deficit
10/6 10:00 ET JOLTS job openings
10/6 10:45 ET Chief Goon Powell
10/7 2:00 ET Sept FOMC minutes
10/7 3:00 ET Goon Williams
10/8 8:30 ET Initial jobless claims
10/9 10:00 ET Wholesale Inventories
10/9 12:10 ET Goon Rosengren

Key Economic Events Week of 9/28

9/29 8:30 ET Advance trade in goods
9/29 9:00 ET Case-Shiller home prices
9/29 10:00 ET Consumer Confidence
9/30 8:15 ET ADP employment report
9/30 9:45 ET Chicago PMI
10/1 8:30 ET Personal Income and Spending
10/1 8:30 ET Core Inflation
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/2 8:30 ET BLSBS
10/2 10:00 ET Factory Orders

Key Economic Events Week of 9/21

9/21 8:00 ET Goon Kaplan
9/21 10:00 ET Goon Evans
9/21 Noon ET Goon Brainard
9/21 6:00 pm ET Goon Williams & Goon Bostic
9/22 10:30 ET Chief Goon Powell on Capitol Hill
9/22 Noon ET Goon Barkin
9/22 3:00 pm ET Goon Bostic again
9/23 9:00 ET Goon Mester
9/23 9:45 ET Markit flash PMIs for September
9/23 10:00 ET Chief Goon Powell on Capitol Hill
9/23 11:00 ET Goon Evans again
9/23 Noon ET Goon Rosengren
9/24 1:00 pm ET Goon Bostic #3
9/24 2:00 pm ET Goon Quarles
9/24 10:00 ET Chief Goon Powell on Capitol Hill
9/24 Noon ET Goon Bullard
9/24 1:00 pm ET Goon Barkin again & Goon Evans #3
9/24 2:00 pm ET Goon Bostic #4
9/25 8:30 ET Durable Goods
9/25 11:00 ET Goon Evans #4
9/25 3:00 pm ET Goon Williams again

Key Economic Events Week of 9/14

9/15 8:30 ET Empire State and Import Price Idx
9/15 9:15 ET Cap Ute and Ind Prod
9/16 8:30 ET Retail Sales
9/16 10:00 ET Business Inventories
9/16 2:00 ET FOMC Fedlines
9/16 2:30 ET Powell Presser
9/17 8:30 ET Philly Fed
9/18 8:30 ET Current Acct Deficit

Key Economic Events Week of 9/7

9/9 10:00 ET JOLTS job openings
9/10 8:30 ET Initial jobless claims
9/10 8:30 ET PPI
9/10 10:00 ET Wholesale Inventories
9/11 8:30 ET CPI
9/11 9:45 ET Core CPI

Key Economic Events Week of 8/31

9/1 9:45 ET Markit Manu Index
9/1 10:00 ET ISM Manu Index
9/1 10:00 ET Construction Spending
9/2 8:15 ET ADP employment
9/2 10:00 ET Goon Williams
9/2 10:00 ET Factory Orders
9/3 8:30 ET Initial jobless claims
9/3 8:30 ET Trade Deficit
9/3 12:30 ET Goon Evans
9/4 8:30 ET BLSBS

Key Economic Events Week of 8/24

8/24 8:30 ET Chicago Fed Idx
8/25 10:00 ET Consumer Confidence
8/26 8:30 ET Durable Goods
8/27 8:30 ET Q2 GDP 2nd guess
8/27 9:10 ET Chief Goon Powell Jackson Hole
8/28 8:30 ET Pers Inc and Consumer Spend
8/28 8:30 ET Core Inflation
8/28 9:45 ET Chicago PMI

Key Economic Events Week of 8/17

8/17 8:30 ET Empire State Manu Idx
8/17 Noon ET Goon Bostic
8/18 8:30 ET Housing Starts
8/19 2:00 pm ET July FOMC minutes
8/20 8:30 ET Jobless claims
8/20 8:30 ET Philly Fed
8/20 10:00 ET LEIII
8/21 9:45 ET Markit flash PMIs July

Recent Comments

Forum Discussion

by Green Lantern, 4 hours 50 min ago
by 11IMIX, 5 hours 51 min ago
by sierra skier, 11 hours 10 sec ago