James Turk - Writing on the Wall, Hyperinflation is Very Near

With gold and silver consolidating recent gains, King World News interviewed James Turk out of Spain. When asked about the action in both gold and silver Turk stated, “Rising interest rates along with the surge in commodity prices that we have been seeing in the back half of this year is writing on the wall that hyperinflation is very near. If anyone needs further proof just look at what QE2 is already doing. The Fed is turning government debt that the market doesn’t want into currency which is the cause of all hyperinflation.”