A2A with James Turk of GoldMoney


James Turk is a legend in the precious metals sector. As founder of GoldMoney in 2001, James has long been an advocate of sound money and physical precious metal ownership. What a treat to have him stop by TFMR again today and answer subscriber questions in our A2A format!

Among the questions covered in this webinar:

  • The short-term paper market conditions as well as physical metal issues on the ground in London and elsewhere
  • The sham of ETF gold "ownership" and the fallacy of the 580 mts allegedly added to gold ETFs in 2016
  • How much longer the BoJ and other central banks can continued their failed cash-printing policies
  • Are royalty companies preferred investments in the metals sector
  • And much, much more!

Please be sure to give this recording a thorough listen. When you're finished, you should consider buying James' book, "The Money Bubble". It's a great read. You should also give strong consideration to becoming a GoldMoney customer as they are a prominent advertiser and supporter of TFMR...and I own some Bitgold, too!




J SiefertDr. P. Metals
Jul 22, 2016 - 4:53am

Re.: Maybe

@ Dr. P.

Americans and others in the West should stop being so health conscious and get back to drinking strong coffee.
Maybe that would help wake them up !!

J Siefert
Jul 22, 2016 - 4:14am

Jackass Special on TURKEY

For obvious reasons I can't post it here...

One thing he does point out, and that the MSM never mention, is that the Incirik Air Base in Turkey is the main transshipment point for heroin. The way things are going the US may have to change that to the air base in Germany (Ramstein ).

Main conclusion:
Turkey has realized it was off course and is now changing back to an alignment with Russia.

EuroRaj parting comment:
"There will be enormous positive payback for the Russians, and tremendous bitterness for the Americans. By the way, Erdogan's hotel resort was bombed right after he left the premises. It is truly game over for the US in Turkey, and time to pull out. "

Well worth subscribing to.

J Siefert
Jul 22, 2016 - 3:34am

Capital Gains?

I live in Switzerland.
Question: What are capital gains?
(PS No need to answer!)

James Crighton
Jul 22, 2016 - 2:20am

Bix & V - "Hump Day" inaugral broadcast - 21 June

Bix Weir and "V" the Guerrilla economist: Interesting chit chat around current events (61 minutes):

Hump Day with Bix & "V" (07/21/2016) - The Inaugural Broadcast!!!
Jul 22, 2016 - 2:07am

Blo Pony

I don't think Blo Pony knows sky from dirt.

texmex66Dr. P. Metals
Jul 22, 2016 - 1:09am

Re: Maybe

I think we need Bo or Cliff to come out and call for metals to crash. That will surely get things rolling upward.


Dr. P. MetalsTF
Jul 22, 2016 - 12:31am


we just need some major world changing geopolitical event or something somewhere to get people interested in metals again, you know, like a coup, nukes and us troops under "lockdown" or something...wait, what...er, never mind...

NOTHING will ever wake sheeple up...country after country has watched their currencies devalued to near oblivion, and still everyone snoozes away...seemingly everywhere.

Edit: the only thing that will wake people up is a delivery failure of real metal, but we're going on 4+ years now and The often anticipated mythical magical delivery failure fairy is still nowhere to be found...

Jul 21, 2016 - 11:45pm
Jul 21, 2016 - 11:21pm

Simply remarkable to watch

Simply remarkable to watch gold and silver be pressed lower and lower these past two hours, all while bonds and USDJPY are mostly stable.

Jul 21, 2016 - 11:14pm

Goldmoney reporting issues

I can't answer the issues of capital gains taxes, as I closed my Goldmoney account this year at a loss. I opened this account back in 2008 or 2009. I have the utmost confidence that James Turk is a man of impeccable honesty and integrity, which is why I opened this account. Shortly after I opened this account the IRS decided to impose regulations that require individuals that have more than $10,000 in an overseas account to file a FBAR form each year. If you have more than$50,000 invested in an account overseas, you fall under the FINCEN regulations. I had my accountant research the IRS regs to see if it would apply to my Goldmoney account, and it does. I bring this up not to discourage people from using Goldmoney or Bitgold, but to raise awareness that the penalties for not reporting or missing the yearly reporting deadline are absolutely draconian, in my opinion. You can read these for yourself. I guess too many of us "little people" have been laundering drug money or financing terrorism with our measly $10,000 accounts.

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Key Economic Events Week of 9/21

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Key Economic Events Week of 9/14

9/15 8:30 ET Empire State and Import Price Idx
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Key Economic Events Week of 9/7

9/9 10:00 ET JOLTS job openings
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Key Economic Events Week of 8/31

9/1 9:45 ET Markit Manu Index
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Key Economic Events Week of 8/24

8/24 8:30 ET Chicago Fed Idx
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Key Economic Events Week of 8/17

8/17 8:30 ET Empire State Manu Idx
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8/20 8:30 ET Jobless claims
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Key Economic Events Week of 8/10

8/10 10:00 ET Job openings
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8/14 10:00 ET Business Inventories

Key Economic Events Week of 8/3

8/3 9:45 ET Markit Manu PMI July
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8/3 10:00 ET Construction Spending
8/4 10:00 ET Factory Orders
8/5 8:15 ET ADP employment July
8/5 9:45 ET Markit Service PMI
8/5 10:00 ET ISM Service PMI
8/6 8:30 ET Initial jobless claims
8/7 8:30 ET BLSBS for July
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7/27 8:30 ET Durable Goods
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7/21 8:30 ET Chicago Fed
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