SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: jennifersilversun who wrote (9256)10/23/2007 11:46:24 PM
From: rubbersoul  Read Replies (1) | Respond to of 29622
 
Hi Jen,

On Financial Sense, Turk predicted in January 2007 that gold would never fall below $600 again and so far he's been right. He also predicted that gold would test $850 this year. So he's got just over two months to make good on that prediction.

I find Turk to be one of the brightest speakers in the mining circuit.

Cheers,
RS



To: jennifersilversun who wrote (9256)10/24/2007 12:34:22 AM
From: TrueScouse  Respond to of 29622
 
Hi Jennifer:

I like Turk because I've seen/met him many times over a long period -- about 15 years since I first saw him speak at a conference -- and I always found him to be straightforward and honest. When I first met him he was running a precious metals fund for a major institution and they had a small holding in a (now) infamous stock called International Precious Metals (IPM). I expected him to pump it (because they owned some) -- but instead he warned me to be very careful -- which was excellent advice as it turned out.

But I don't think anyone should put a timeline on their predictions -- because anyone who knows future prices *together* with timelines can print their own currency IMO!!! However if you take away some of his timeline calls, I think his broad analysis has been excellent.

I agree that his agreement with the more loonie elements in the gold conspiracy camp make him seem a bit suspicious, but his background working with major banking institutions makes me think he knows a thing or two that confirm his "big picture" view. And he's certainly put his money where his mouth is.

The key, of course, is that all of us should do our own DD and be responsible for our own investment decisions.

It would be nice to see you again at one of these investment shows.

Best regards,
Howy