No U.S. Economic Recovery Says Turk

Kitco News speaks with author James Turk about gold, silver, the U.S. dollar and his latest book The Money Bubble. Turk says that in 2014 people need to keep a close eye on these three factors: the Federal Reserve balance sheet, the 10-year T-bill rate and the gold-to-silver ratio. "I don't really see an economic recovery in the U.S.," Turk says. "I do expect a collapse of the American currency." He says that as central bankers continue to print money, currencies continue to be debased and this may cause a currency collapse. "As long as central banks continue to print, and I see no indication they're going to stop, you're going to see a higher gold price," Turk says. "Whether you see it this year or next year is not the relevance thing, it is whether or not you own enough physical metal to protect yourself when currencies do collapse." Tune in now to learn more about his latest book and where he expects to see the price of gold and silver. Kitco News, January 7, 2014. (show less)

Kitco News speaks with author James Turk about gold, silver, the U.S. dollar and his latest book The Money Bubble. Turk says that in 2014 people need to keep a close eye on these three factors: the Federal Reserve balance sheet, the 10-year T-bill rate and the gold-to-silver ratio. "I don't really see an economic recovery in the U.S.," Turk says. "I do expect a collapse of the American currency." He says that as central bankers continue to print money, currencies ... (read more)

On The Spot

On The Spot
Editor-in-Chief Daniela Cambone puts some of the A-list names in the commodities space 'on the spot'. From key political & economic leaders to metal market opponents, she has guests from all over the globe answer some of the most challenging questions surrounding the resource industry. Tune in to hear what the elite have to say about the hottest topics in the industry.

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