KING WORLD NEWS - BLOG
BROADCAST../../../../Broadcast/Broadcast.html../../../../Broadcast/Broadcast.htmlshapeimage_6_link_0
HOME../../../../King_World_News.html../../../../King_World_News.htmlshapeimage_13_link_0
BUSINESS../../../../Business.html../../../../Business.htmlshapeimage_14_link_0
GREEN../../../../Green.html../../../../Green.htmlshapeimage_15_link_0
HEALTH../../../../Health_1.html../../../../Health_1.htmlshapeimage_16_link_0
ENERGY../../../../Energy.html../../../../Energy.htmlshapeimage_17_link_0
SPORTS../../../../Sports.html../../../../Sports.htmlshapeimage_18_link_0
GOLD+../../../../Gold.html../../../../Gold.htmlshapeimage_21_link_0
 
 

Eric King:  “Grant, we’ve had quite a bit of discussion recently on KWN about the West destroying itself, but I wonder if you sit back sometimes in Singapore and marvel at what the West is doing here?”


Williams:  “Yes, we do.  People in Asia are staggered at what’s happening in the West....


Continue reading the Grant Williams interview below...




Advertisement


To hear which company has one of the highest grade gold deposits

in the entire world, as well as a number of other

extraordinary projects click on the logo:






“They are amazed at the prices on the Comex.  They don’t really understand them because they see what the gold price is supposed to be, and yet they go to the store and the price of gold is always higher.


So they don’t really understand what the West is doing, but they are very, very happy to pick up as much gold as they can, slowly and gradually, and then more aggressively into dips in the price.  And that’s going to continue, Eric.  That’s not going to stop.  It’s been that way for thousands of years and it’s not going to stop now.”


Eric King:  “Let’s talk about the end game here, Grant, and where you see us right now.”


Williams:  “Eric, if you take everything out of the equation -- take manipulation out of the equation, whether it be in bond or currency markets, or the gold market, and you just look at the numbers and the facts, it’s very, very clear that a lot of what’s going on is unsustainable.


The debt and unfunded liabilities are unsustainable.  A lot of the banks are insolvent.  Anyone who can actually step back and take a level-headed, cold, hard look at the numbers can see all of these things.  But at the moment it doesn’t matter. 


People are OK saying, ‘Let’s keep this charade going because the reality of it is too painful.’  But at some point you can’t pull the levers anymore, and you can’t move things around, and you can’t cover things up.  Ultimately, the numbers are going to matter, and when it comes down to pure, cold, simple mathematics, this is unsustainable. 


And when it all goes, I’m afraid it’s all going to go at once because the math is just going to fall like dominos.  And at that point, if you are not sitting there with some gold in your portfolio, all you have left, essentially, are paper assets, and they are going to be worth a lot less than you think they are.”


IMPORTANT - KWN will release interviews with Eric Sprott, Grant Williams & others all day today & this weekend.


IMPORTANT - This was an incredibly powerful interview with Williams.  The Singapore fund manager warned about the paper claims on gold and also spoke about why the price of gold and silver are very close to exploding higher.  The audio interview with Williams is available now and you can listen by CLICKING HERE.


© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.


The audio interviews with Eric Sprott, Grant Williams, Rob Arnott, Andrew Maguire, Art Cashin, Egon von Greyerz, Bill Fleckenstein, David Stockman, Robin Griffiths, Jim Grant, William Kaye and Dr. Paul Craig Roberts are available now. Other recent KWN interviews include Marc Faber and Felix Zulauf to listen CLICKING HERE.


Eric King

KingWorldNews.com

To return to BLOG click here.


 
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.html
KWN BLOGhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.htmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.htmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/KWN_DailyWeb.htmlshapeimage_24_link_0shapeimage_24_link_1

© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast,

rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

Subscribe to RSS
CLICK HEREhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/rss.xmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/rss.xmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/rss.xmlshapeimage_27_link_0shapeimage_27_link_1
KWN Blog
Archiveshttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/Archive.htmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/Archive.htmlhttp://kingworldnews.com/kingworldnews/KWN_DailyWeb/Archive.htmlshapeimage_28_link_0shapeimage_28_link_1
http://www.kingworldnews.com/kingworldnews/Broadcast/Broadcast.html