Turk correctly outlines the fundamental supply vs. demand dynamics of gold. Trading against supply vs. demand is foolhardy, as short-term fluctuations are distorted by market manipulators. Prices can irrationally remain down or up longer than logic might dictate.
However, longer-term, shortages of finite resources will eventually drive prices up, so the accumulators will win out over time. They key is to remain liquid during that process.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/18_Turk_-_The_Greatest_Fear_For_Central_Planners_In_Gold_%26_Silver.html
Monday, August 18, 2014
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