Turk – Central Planners Are About To Completely Lose Control
February 19, 2013
Today James Turk told King World News that “… central planners have hijacked the world’s monetary system,” and they are about to completely lose control. Here is what Turk had to say: “After a week like last week, Eric, I always ask myself what if anything am I missing? So I spent a lot of time this weekend going through the basics, and I have concluded that the premise upon which I have been recommending the ongoing accumulation of gold and silver still holds.”
James Turk continues:
“Currencies are being mismanaged, and gold and silver are the best protections against the erosion of the purchasing power of national currencies. Consider some of the things that happened last week. Most commodities resisted the selling seen in the precious metals. Crude oil was little changed on the week and near multi-month highs.
The G20 meeting ended as all of them do, with rhetoric that is high-sounding but totally void of substance. Regardless what the G20 leaders say, we all know that there is an ongoing currency war being fought which started in 2008….