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Home>GoldWire>Counterparty risk soaring and will propel gold, Turk tells KWN

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Counterparty risk soaring and will propel gold, Turk tells KWN

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Chris Powell

GATA

Published : May 15th, 2019

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	Counterparty risk in the financial markets is rising fast, GoldMoney founder James Turk tells King World News today, and likely will cause a breakout in the monetary metals. "Money is exiting the financial system so investors can preserve their wealth from bank and bond defaults," Turk says. "But the best antidote to counteract the poison of counterparty risk is physical gold and silver." Turk's comments are excerpted at KWN here: https://kingworldnews.com/james-turk-major-go...ay-as-counte...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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