Friday, December 6, 2013

Doc & Turd: Paper Metals Prices Can’t Go Much Lower


Jason Burack of Wall St for Main St was able to interview Turd Ferguson of TF Metals Report http://www.tfmetalsreport.com/ and ‘Doc’ of Silver Doctors http://www.silverdoctors.com/ for a 30+ minute round table discussion on gold, silver, inflation and the macroeconomic outlook for the US.
To start off the interview, Jason asks Turd, a longtime veteran of working in finance, his opinion of the technicals of gold and silver and if he thinks gold will retest its 1180 support level, if it will hold and if that will form a strong double bottom on the charts.
Jason asks Doc and Turd about the supply/demand fundamentals for gold and silver and if anything has materially changed.
Finally, Jason asks the guests about inflation in the US and globally and how long the current monetary, economic and financial systems can continue with rampant asset price inflation in nearly every asset class and the developing world getting destroyed with increasing inflation.

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