Sprott Money, Released on 6/18/21
Sound money and precious metals advocate James Turk joins us to answer questions about inflation, Basel III and gold prices.
0:00 – Introduction
1:43 – International jurisdiction for PM storage
4:27 – PM portfolio allocation guide
6:10 – Basel III driving current gold selloff
9:02 – Inflationary and deflationary period
11:57 – What would benefit the central banks
14:05 – Basel III changes impact on silver
17:24 – Outro
Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.
James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a prominent precious metals trader based in Greenwich, Connecticut. He moved to the United Arab Emirates in December 1983 to be appointed Manager of the Commodity Department of the Abu Dhabi Investment Authority, a position he held until resigning in 1987. Thereafter he held various advisory roles in money management until founding GoldMoney, which was launched in 2001. He is the co-author of The Collapse of the Dollar and How to Profit from It & The Money Bubble