- Turk: The West Can’t Stop The Flow Of Gold Into India & China!
Today James Turk spoke with King World News about desperate steps and increased propaganda which are being undertaken by the Western central planners in an attempt to keep the gold and silver markets subdued. This is the first in a series of interviews with Turk that will be released today which reveals the increasingly desperate moves and propaganda we are now seeing emanate from the West. Here is what Turk had to say: “The way these markets conclude, when you have monetary debasement and currencies are destroyed, is you get a movement out of paper and into physical. And that’s true in basically all asset categories, but particularly true for the metals.”
“At some point in the future, whether it’s next year or the year after that, people who own paper gold are going to recognize they have counterparty risk. They don’t own gold, they only own exposure to the gold price and that exposure is dependent on their counterparty. And as a bust continues to develop, and we are still in the same bust that’s been going on for years, more counterparty risk is going to be seen as increasingly risky and people are going to move out of paper, into physical….