James Turk -- A 2008 Credit Crisis redux appears imminent

GSR interviews JAMES TURK - Sept 3, 2015 Nugget







Summary:

    James Turk of GoldMoney.com returns to the program with less than sanguine comments on the equities markets.
    A 2008 credit crisis redux appears imminent, due to reckless debt levels, domestically and around the globe.
    Our guest says the Fed may raise rates by a token percentage this month and in December, and if so, the blowback will be monumental in scale, perhaps even toppling the entire economic edifice.
    He's convinced that the PMs sector is nearing a sustainable nadir, on the heels of a 2 year consolidation.
    Silver should lead the charge out of Dante's inferno.
    The new bull market could reinvigorate mining company operations, in particular major producers with excellent earnings and solid dividends.

James Turk of GoldMoney.com returns to the program with less than sanguine comments on the equities markets - he's bracing for a 2008 credit crisis redux, thanks in no small part to reckless debt levels, domestically and around the globe. Our guest says the Fed may raise rates by a token percentage this month and in December, and if so, the blowback will be monumental in scale, perhaps even toppling the entire economic edifice. He's convinced that the PMs sector is nearing a sustainable nadir, on the heels of a 2 year consolidation. Silver should lead the charge out of Dante's inferno. The new bull market could reinvigorate mining company operations, in particular major producers with excellent earnings and solid dividends.