Watch the full 37-minute video at http://www.goldmoney.com/davies-turk-interview. Ben Davies (http://hindecapital.com) and James Turk, Director of the GoldMoney Foundation, talk about Lehman Bros, Bear Stearns and Northern Rock as milestones in the financial crisis of 2007-08. They both see what has happened so far as just the beginning.
They talk about the potential for hyperinflation; Ben Davies explains that hyperinflation is a political phenomenon and that the conditions for it are well in place in many countries. They see the rising gold price as a reflection of the flight from fiat currency into real goods and tangible assets.
This interview was recorded on August 4 2011 in London.
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