Watch the full 25-minute video at http://www.goldmoney.com/tice-turk-interview. David Tice (http://prudentbear.com) and James Turk, Director of the GoldMoney Foundation, talk about how they have been buying gold and investing in gold-related products since 1999. They also talk about gold mining, the risks involved and how diversification can help to mitigate these risks. They emphasise the importance of physical gold bullion as opposed to "paper gold" -- pointing out that the latter is not a tangible asset. This interview was recorded in August 2011 at the GATA conference in London.
Good interview but watch out for some of the advice about buying mining stocks. Do your research. A stock is still only a stock at the end of the day.
xAVRx 6 months ago in playlist Financial IQ 12
@edfoefoe I have heard there are over a times more paper gold than physical gold.
People are deluding themselves into thinking they own precious metals with these ETFs SLV GLD etc.You MUST own physical gold and silver that you hold yourself.
dowhatuwill 6 months ago
I hear there is at least 10 * the electronic gold as actual physical gold in the world . Therefore does electronic gold really have any true value compared to physical ownership of gold ?
edfoefoe 6 months ago
Great interview ! DAVID TICE has always been my favorite person to listen to.
lynnybee888 6 months ago