Tuesday, February 1, 2011

Gold and silver decline is over, Turk tells King World News

James Turk was interviewed on King World News yesterday.  According to Turk the price decline in gold and silver is over.  The reality is gold and silver will not continue to decline as other commodities skyrocket.  Gold and silver will participate in the commodity explosion. 

Turk said the following: "Given the usual close correlation between the Continuous Commodity Index and global crude oil prices and gold and silver, we can reasonably conclude that the correction in gold and silver is over and that the precious metals are going to start climbing higher."

During precious metal bull markets it's important to use pullbacks as opportunities to add to your position.  Create your monthly budget and buy every month, focus on accumulation.  The currency war will continue to accelerate forcing commodity prices much higher.

Full Article Here

No comments:

Post a Comment