James Turk

Articles by James Turk

In 1992 a book entitled “Bankruptcy 1995: The Coming Collapse of America and How to Stop It” hit the nation by storm. Written by Harry Figgie, a prominent businessman who had built a Fortune 500 company, and Gerald Swanson, an economics...
Leverage is the use of credit or borrowed capital to increase the earning potential of your investment portfolio. But like everything else in finance, higher returns mean higher risk, so leverage is not for everyone.
Before looking at the year ahead, it is useful to look back at the year just passed. This adage is particularly true now because little has changed. Three major markets – stocks, bonds and gold – will again be driven this year by the same...
This past December I wrote (Letter No. 276, "The Smoking Gun") about my discovery of a discrepancy between two reports that tracked the status of the US Gold Reserve. The Federal Reserve prepares both reports.
The June 1972 break-in at the Democratic headquarters in the Watergate building in Washington, DC, seemed at the time suspicious to even the casual observer of government intrigue. The five burglars who were arrested had known ties to the...
In the 1970's a very courageous gentleman named Edward Durrell claimed that substantially all of the US Gold Reserve being stored at Ft. Knox was gone. Only 1,000 tonnes or so of the 8,500 tonnes supposedly being stored there remained. The...
The Federal Reserve Bank of New York holds the world's largest accumulation of monetary gold.