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« Barrick Gold Turns to New Finance Chief | Main | Silver Market Update - reversing to the downside »

James Turk – Silver Is Going To Shock The World In 2016!

James Turk

With gold and silver consolidating recent gains, today James Turk told King World News that the price of silver is going to shock the world in 2016!

James Turk:  “There has been an important development in the precious metals since we last spoke, Eric.  Silver has finally begun to show some independent strength and is starting to outperform gold. We can see this outperformance in the gold/silver ratio…

James Turk continues:  “When gold reached its low price back in December, the gold/silver ratio was 75. In other words, it took 75 ounces of silver to equal one ounce of gold.

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 Silver prices are hanging in there, just above the $16.00/oz level, it needs to consolidate at these levels.

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