Welcome to Capital Account. We talk to James Turk about the recent spike in precious metals. Also, according to an essay published by the Gold Money Foundation, the stock of gold is over-estimated by sixteen-thousand tons, with a nominal value of over 800 billion dollars. We ask James about his piece, about the German gold repatriation, and why it matters.
Full interview below:
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_silv.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/live/s_gold.gif)
Turk is always to the point and has a perfect understanding of what gold/silver is and knows how to communicate it. Even with such clarity of thought very few seem to understand.
That’s one of the reasons why we should all buy only physical silver because it has more demands than gold so there are a lot of chances that it would be in short supply. Also, silver is way more undervalued than gold compare to their historical prices.