Turk – Western Central Banks To Run Out Of Gold This Year

Wednesday, April 23, 2014
By Paul Martin

April 23, 2014

As global markets continue to see some wild trading, today James Turk told King World News that Western central banks are going to run out of gold this year. This is one of Turk’s most important interviews because he is now predicting that the West will run out of gold to keep the price suppressed. Turk also followed up on his viral interview which covered the unprecedented and historic backwardation we are seeing in the gold market.

Eric King: “James, your King World News article on Monday received tremendous attention: ‘Gold Market Now Seeing Deepest Backwardation In 8 Months!’ Can you talk about that piece?”

Turk: “What’s going on in the gold market is just unbelievable, Eric. It’s really never happened before. We’ve had this prolonged backwardation starting in the middle of last year when the lows in gold and silver were reached….

The Rest…HERE

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