Trey Reik: Sub-$1,300 Gold Will Be Short Lived
With the US Dollar Index hovering near 97, one of the greats in the business just said sub-$1,300 gold will be short lived.
With the US Dollar Index hovering near 97, one of the greats in the business just said sub-$1,300 gold will be short lived.
With the price of gold attempting to surge back above the $1,300 level, James Turk told King World News that gold and silver are now close to breaking out but this may be the biggest surprise.
Apparently “China may have 30,000 tonnes of gold” as gold reenters the global monetary system.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies told King World News that investors should ignore the Fed engineered takedown in the gold market because the $1,350 Gold Maginot Line is going to fall.
Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland – EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…
Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland – EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies told King World News that the elite are now preparing to introduce a new global monetary system.
A major warning flag is waving as this continues to collapse.
On the heels of another rally in stocks, today a short seller just warned, “This is actually far crazier.”
Today the top trends forecaster in the world issued a new trend forecast to kickoff April.