On the heels of the price of gold pulling back in order to consolidate gains, James Turk told King World News that a lot of people are worried about the gold and silver markets.

A Lot Of ‘Nervous Nellies’ In Precious Metals Sector
June 27 (King World News) – James Turk:  “There are a lot of ‘nervous Nellies’ in the precious metals market at the moment, Eric. They are concerned that this reaction of the past couple of days may lead to a bigger correction. That may or may not happen. It is this kind of uncertainty about the future that is why bull markets climb a “wall of worry.”

Any wall-of-worry can be tough to deal with. They play at our emotions, which can provoke deep seated concern, which is understandable. No one wants to lose hard-earned money. So instead we need to look at markets objectively, which explains why I rely heavily on charts, like this one. There is nothing really much to worry about when looking at this chart of the London spot market closing gold price.

Nothing To Worry About When It Comes To Gold

Key Points After Gold’s Breakout
Gold broke out of a multi-year base, and it is in an uptrend in price. That’s all we need to know. And keep in mind that gold is a good value at these prices. And gold is also safe haven that protects you from counterparty risk, provided that you own physical gold and not any of the paper representation purporting to be gold. Whatever you do, remain patient because there is a lot more to go on the upside.”

Why Americans Are So Fearful
READ THIS NEXT! Why Americans Are So Fearful, Plus Gold & James Turk – Reminds Me Of 1970s CLICK HERE TO READ

More articles to follow… 

In the meantime, other important releases…

After Violent Moves In Key Global Markets, This Is Completely Insane CLICK HERE TO READ

Multi-Billionaire Hugo Salinas Price Just Issued A Terrifying Warning CLICK HERE TO READ

Everything Is Changing So Fast CLICK HERE TO READ

Gold Pulls Back, But What Is Happening Now Is Unbelievable CLICK HERE TO READ

Michael Oliver worked directly with the Chairman of the COMEX in the 1970s bull market in gold and silver and he also called the 1987 stock market crash!

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