Monday, May 9, 2011

James Turk - “Silver Will Hit New Highs in a Matter of Weeks”

With tremendous volatility in gold and silver, today King World News interviewed James Turk out of Spain, and subsequently Turk sent the following piece below exclusively for the KWN blog. When asked about gold Turk remarked, “I’m taking my cue here from the mining stocks.  The XAU once again held above the 200 level which has been the bottom of its trading range.  That suggests to me that both the mining shares and gold are sold out here and due for a big bounce.” 

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