Wednesday, January 11, 2012

James Turk: “There’s Physical Gold and Paper Gold–The Closer You Are to Physical the Higher the Price”

For all those stating that there is currently no shortage of gold or silver James Turk would agree with you- provided you're talking about PAPER gold or silver.
"If you’re really looking for large amounts of metal, it’s very difficult and it’s not something that can be filled overnight- it’s something that’s going to take weeks perhaps to fill depending on the size of the order."
Turk discusses the PHYSICAL TIGHTNESS and supply issues for large purchasers of physical metal in this excellent 2 part interview with Tekoa da Silva of Bull Market Thinking

Part 1

Part 2