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Bank insolvency will support precious metals prices, Turk tells King World News

Section: Daily Dispatches

2:50p ET Monday, October 17, 2011

Dear Friend of GATA and Gold:

King World News today interviews GoldMoney founder and GATA consultant James Turk, who remarks that the worsening insolvency of banks around the world will support the prices of the precious metals, as only the precious metals are without counterparty risk. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/17_J...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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