What We Are Witnessing In The Gold Market Is Truly Historic
August 28, 2013
With gold and silver consolidating recent gains, today James Turk told King World News that the continued backwardation in gold is truly historic, especially after the massive rally off the recent lows. Turk also spoke with KWN about silver and what he expects from both metals going forward in this powerful interview.
Turk: “Both gold and silver have been showing tremendous strength, Eric. With each passing day, the odds improve that a major low was made in June. Therefore, we have to set our sights on much higher gold and silver prices in the weeks and months ahead.
What continues to amaze me is that gold is still in backwardation….