James Turk: Greek Default Imminent as Financial Crisis Propels Gold ! Paul Brodsky: We’re Headed to a Point Where Gold Will Go Parabolic!

• The Eurozone sovereign debt crisis is heading towards a calamitous end. I can’t tell you when but it is getting closer. Got physical gold/silver yet?
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  Turk – Greek Default Imminent as Financial Crisis Propels Gold ! 
  by www.kingworldnews.com
  “I think the key item today is a Greek default looks imminent.  The various parties are in the final stages of negotiating terms.  They have now reached an impasse. … But regardless of the outcome, what the negotiators are missing is that Greece does not have the capacity to repay even the reduced amounts being negotiated.  So some kind of default looks inevitable, Eric, which in turn will ramp up the pressure on other over-leveraged governments around the world.  The extraordinary demand for gold we have been seeing in Europe will strengthen because of the rolling financial collapse.
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  I’m really getting quite excited about the near-term prospects for silver. …. once we take out $35, I expect to see $68 to $70 in two to three months. ..”
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  … for more click here!
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  Brodsky – We’re Headed to a Point Where Gold Will Go Parabolic! 
  by www.kingworldnews.com 
  With gold off to a strong start in 2012, today KWN wanted to speak with the firm that is calling for $10,000 gold to get their take on what readers should be focused on at this point. …. If less than 1% of the broad market of investment capital is invested in precious metals today, it probably won’t take much to see that number rise to between 5% and 10%.  In that case, the magnitude of change will be quite parabolic. … We see gold is already extraordinarily undervalued given past inflation.  The price of gold should be over five times than where it is currently trading.  The fact that central planners are going to print more money means it should be even that much higher.”
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  … for more click here!

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