This Will Cause Price of Gold To Jump Hundreds of Dollars in a matter of Days -
posted on
Nov 30, 2015 07:13AM
Today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events spoke with KWN about what will cause the gold price to jump hundreds of dollars in a matter of days.
King World News note: KWN was taken offline for lengthy periods of time shortly after the Dr. Paul Craig Roberts audio interview was released. A powerful entity did not want the contents of his interview to be heard across the globe.
Egon von Greyerz: “On top of the insoluble economic crisis, there are now very dark clouds on the geopolitical front. Sadly, I see the risk of a major conflict as very high and where that would end is impossible to predict…
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Egon von Greyerz continues: “In the midst of all these major problems, governments worldwide, particularly in the West, are doing their utmost to suppress the gold price. On Friday, $2 billion of paper gold was sold in order to push the gold price down. If gold stops here at around $1,050 or if it goes down to $1,030 or even $1,000 is really irrelevant. Gold is in the final stages of the 4 year correction and will very soon reflect the problems and the risks that I have outlined.
Gold To Jump Hundreds Of Dollars In A Matter Of Days
And once gold turns, the lack of available physical gold to satisfy all the paper gold issued will lead to periods where there will be no market price. This is when we will see the gold price jump by hundreds of dollars within a few days. I know this sounds unlikely today, but I’m quite certain we will experience a very different gold market soon. But investors must remember…To continue listening to the the powerful interview with Egon von Greyerz, the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events CLICK HERE OR ON THE IMAGE BELOW.