James Turk: Forget promises, buy physical assets Oct 13

finicky

Well-Known Member
Silver Stacker
James Turk: Forget promises, buy physical assets October 13, 2014

"It's still early in this bull market and I think gold is going to be going much higher. My near term target is $US2,000 per ounce and I think we will see that in the not too distant future.

"It's hard to predict exactly when this (money bubble popping) is going happen. I actually thought 2008, when we saw the collapse of Lehman Brothers and all the problems there that the money bubble was going to pop, but here we are six years later. But we're basically in a financial system that is unsustainable. There is too much debt and not enough wealth being created to carry and service that debt. So, my guess is that, in the next year or two we are going to face some very difficult financial situations, not unlike 2008, perhaps even worse."
 
I agree, though I fear we will still be sitting here in 3 years time waiting for it to pop, 'they' keep dragging it out..
 
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