In this episode of Ask the Expert, host Craig Hemke and guest James Turk, Founder & Lead Director of Goldmoney, Inc. discuss the following:
- The current state of the precious metals industry
- Analysis of interest rates and their impact
- Outlook on the economy, inflation, monetary policy and much more!
“The bubble is that people believe fiat currency is money, when in fact, it’s just a money substitute circulating in place of money, which, of course, is gold and silver. You have to look at the purchasing power of those assets that you own, including the money that you own. That’s what’s really important. You know, you just can’t talk about money and what’s going to happen, because it’s the purchasing power that’s of importance.”