Greece is bigger than Lehman

Watch the full 22-minute video at http://www.goldmoney.com/zulauf-turk-interview. Felix Zulauf, Chairman of Zulauf Asset Management, and James Turk, talk about the current economic situation and similarities with 2008. Felix explains that Greece is bigger than Lehman and thus we can expect more market turmoil than in 2008. Felix also explains that he expects higher gold prices in the coming months. Felix quotes Einstein’s definition of insanity: “doing the same thing over and over again expecting different results”.

interview was recorded on Septemeber 30th 2011 in Vienna.