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Adam Fleming and James Turk on Precious Metals and Mining
13K 51 12 24:04
Adam Fleming and James Turk on Precious Metals and Mining
  • Published_at:2012-05-21
  • Category:News & Politics
  • Channel:GoldMoneyNews
  • tags: Adam Fleming, Wits Gold, Fleming Family & Partners, gold bull market, euro crisis, mining, South Africa
  • description: Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. This interview was shot 18 May 2012. Adam Fleming, Chairman of Wits Gold and Fleming Family & Partners, discusses the gold bull market with GoldMoney's James Turk. Topics include metal price action, the eurozone's debt crisis, and mining in South Africa. Both men think that we are the "in the foothills" of a long precious metals bull market, and that the gold price is in some ways cheaper than it was back when they spoke at GATA's Dawson City conference in 2005, owing to all the quantitative easing -- or more bluntly, money printing -- that central banks have engaged in since the financial crisis of 2008. Adam points out that gold bull markets usually result in a 1:1 Dow/Gold ratio, something that he expects to see happen in the coming years. For the full description go to: http://www.goldmoney.com/video/adam-fleming-james-turk
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2012-05-25 13,412 51 12 (United Kingdom,#77)