Welfare states can only default or devalue, Turk tells KWN

Section:

6:56p ET Tuesday, January 6, 2014

Dear Friend of GATA and Gold:

Even with their "financial repression," welfare states have only two options, GoldMoney founder and GATA consultant James Turk tells King World News tonight: default on their unpayable debt and other financial promises or devalue their currencies. Turk's interview is excerpted at the KWN blog here:

http://kingworldnews.com/central-planners-finally-losing-control-gold-si...

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



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