Eric King: “James, your King World News article on Monday received tremendous attention: ‘Gold Market Now Seeing Deepest Backwardation In 8 Months!’ Can you talk about that piece?”
Turk: “What’s going on in the gold market is just unbelievable, Eric. It’s really never happened before. We’ve had this prolonged backwardation starting in the middle of last year when the lows in gold and silver were reached….
“And by the way, those lows in gold and silver have not been broken. We are now nine months into a base-building pattern, which is ultimately very bullish. But this backwardation in gold is just going on and on and on.
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