Turk – Tight Conditions in Physical Silver

James Turk tells Eric King that the world is in the process of popping the “fiat currency bubble.”  He says we have been since the U.S. severed the last ties of the dollar to gold in August of 1971. 

Too much government spending causing governments to borrow is the engine of destruction of fiat currencies. 

Turk continues to note tight conditions in physical silver.  He sees new all time nominal highs for silver ahead, but is not sure if it will occur this year or next year.   Much more in the audio interview below. 

Source: King World News
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/9/5_James_Turk.html