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Turk reflects on 2013 and introduces new book, 'The Money Bubble'
9:30p ET Monday, December 23, 2013
Dear Friend of GATA and Gold:
While 2013 has been a disappointing year for gold and silver, in an interview today with King World News GoldMoney founder and GATA consultant James Turk tries to put it in context. The monetary metals have had many years of increases against one bad year, he notes, and metal in hand still has no counterparty risk even as counterparty risk is growing throughout the world. An excerpt from the interview is posted at the King World News blog here:
Turk elaborates on counterparty risk in his new book written with John Rubino, "The Money Bubble." Introducing the book in an essay at GoldMoney's Internet site, Turk elaborates on this point. Payment in gold concludes a transaction, he writes, while payment in government currency is actually acceptance of a central bank's promise to pay, the liability of a central bank.
Turk's commentary about his new book is headlined "James Turk Launches New Book -- 'The Money Bubble: What to Do Before It Pops'" and it's posted at GoldMoney's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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How to profit with silver --
and which stocks to buy now
Future Money Trends is offering a special 16-page silver report with our forecast for 2013 that includes profiles of nine companies and technical analysis of their stock performance. Six of the companies have market capitalizations of less than $800 million and one company has a market cap of only $30 million. The most exciting of these companies will begin production in a few weeks and has a market cap of just $150 million.
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