James Turk says “accounting gimmickry” is making U.S. banks look solvent
Al Korelin sits down with James Turk of http://www.GoldMoney.com and discusses the macroeconomic issues that are affecting precious metals prices, and QE3.
James Turk has specialised in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics.
James Turk has written several essays and numerous articles on money and banking, much of which can be found on his Free Gold Money Report website. He is the co-author of The Coming Collapse of the Dollar (Doubleday 2004), which has been updated for a paperback version entitled The Collapse of the Dollar.
James founded GoldMoney together with his son Geoff Turk in 2001.
To learn more visit:
http://www.goldmoney.com
HI Marc,
That is really interesting and I was unaware of it.
Thanks,
Big Al
BTW, I dont think 20 percent GOLD is even enough stability or “anchorage”.
Hope you can figure out how to make your videos play on ipad2. Thanks!
I think getting the vids done in .mp4 should work. The .flv format won’t work. That would require presenting all videos in two formats.
HI Pauline,
I will forward this on to Sarah and I am sure she can help.
Best,
Big Al
Big Al,
Regarding the Swiss Franc – they are now are trying to get a petition signed in Swiss land trying to get 100,000 signatures to get a voting decree to back the Franc by 20% GOLD – might have to get over to my maternal ancestors and kick their buns in that direction! 🙂
Marc