James Clinton Turkwas a state senator and United States federal judge from Virginia... (wikipedia)
We're seeing the beginning of much higher prices, driven by problems with the dollar. People need to protect themselves in this environment, and investors are getting more defensive.
The shorts are running for cover, buying whatever they can to keep their already huge losses from getting bigger.
Despite all the rate hikes, the (Federal Reserve's) overnight lending rate is still less than inflation.
Even Warren Buffett is buying gold because he sees the dollar as weak.
The last few weeks have been a rollercoaster because of our client coming around and assisting the government to the extent that he did. I'm very proud of him.