Paper Assets Evaporate in 2016 Leave Gold & Silver Standing

Precious metals expert James Turk says that things may get so bad that not losing will be winning. Turk explains, “In the environment that we are in, if we come out on the other side of the valley in terms of our wealth as when we went into this period, we are going to be doing very, very well. 

I would expect a lot of wealth destruction. At the end of the day, the houses are still going to be there. The farmland is still going to be there. 

The timberland is still going to be there. The oil wells are still going to be there. The bars of gold and silver are still going to be there. It’s the paper assets that are going to evaporate, and I think paper currency power is going to evaporate along with those paper assets.”

- Source, USA Watchdog