Thursday, January 5, 2012

Capital Account's Lauren Lyster Interviews James Turk on PM Volatility

James Turk discusses gold and silver volatility with Lauren Lyster of Capital Account.

On the issue of gold, we have seen a lot of volatility in the precious metals market as of late. What does James Turk think of this? Well, corrections are normal in bull markets, and this is a bull market, so don’t be scared when you see these price drops. They are just opportunities to accumulate more. From ECB LTRO to Federal Reserve quantitative easing, James Turk thinks the real risk is continued debasement of currencies globally, and gold is your best bet at preserving your wealth going forward.