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Turk – No Time To Wait For A Pullback, Gold To Hit New Highs

from King World News

Today James Turk urged King World News readers to, “Keep accumulating gold and silver on a cost averaging basis because the currency cliff is fast approaching.” Turk also cautioned, “I would add there is lot of money out there that is waiting for a pullback, but given what is happening around the world, I don’t think there is time to wait for a pullback.”

Here is what Turk had to say: “Gold and silver are taking a bit of a breather today, Eric, which is to be expected after last week’s huge price surge. Also, another reason I think the metals are quiet is because everybody is trying to figure out what the Federal Reserve will be announcing after their meeting concludes on Thursday.”

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