GoldMoney founder and GATA consultant James Turk was interviewed for 27 minutes this week by Eric King of King World News. They discussed the second phase of the bull market in gold, Barrick Gold’s statement that it has closed its hedge book, India’s purchase of International Monetary Fund gold, and the likelihood of international capital controls. Volatility in the gold market, Turk said, is to be expected and presents opportunities to accumulate more metal cheaply. Despite Friday’s fall in the gold price, Turk noted, gold still is doing spectacularly over the last month and year.
You can listen to the interview at the King World News Internet site here.
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