We are in a Fiat Currency Bubble-James Turk

Wednesday, March 13, 2013
By Paul Martin

By Greg Hunter
USAWatchdog.com
13 Mar 2013

Gold expert James Turk says, “Mr. Bernanke is so anti-deflation he’s willing to risk hyperinflation, and we are on this path of hyperinflation given the policies we are following.” Turk contends gold is a good value right now. Turk says, “Because it is money outside the banking system, it doesn’t have any counterparty risk, and that is very important as this crisis continues to unfold.” Turk predicts, “Either we cut back on spending or the dollar is going to collapse. . . . Those are the two choices.”

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