Trader Vic on precious metals and more

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In this video, renowned Wall Street trader and financial commentator Victor Sperandeo and James Turk, Director of the GoldMoney Foundation, discuss whether or not gold is still a good buy at these prices, and some of the macroeconomic trends that have powered the gold and silver bull markets. Victor and James also talk about the dire fiscal position the US government is in, and some of the political and economic pressures that could affect the 2012 US presidential campaign.

Click here for a transcript of the interview.

Source: GoldMoney (via YouTube), May 22, 2011 (hat tip: Gold & Silver).

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