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.
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…
On the heels of the Chinese stock market plunging 5.5 percent and gold hitting 5 1/2 year lows, today one of the top economists in the world sent King World News an incredibly powerful piece warning that the war in gold is now heating up as Western central banks move aggressively to destroy the purchasing power of their currencies. Below is the fantastic piece from Michael Pento.
The most jaw-dropping thing about China’s financial chaos will shock you!
Dr. Paul Craig Roberts – Former US Treasury Official, Co-Founder of Reaganomics, Economist & Acclaimed Author – Dr. Paul Craig Roberts is an American economist, a columnist and recent author of “The Neoconservative Threat to World Order: Washington’s Perilous War for Hegemony”. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics…
Dr. Paul Craig Roberts – Former US Treasury Official, Co-Founder of Reaganomics, Economist & Acclaimed Author – Dr. Paul Craig Roberts is an American economist, a columnist and recent author of “The Neoconservative Threat to World Order: Washington’s Perilous War for Hegemony”. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics…
On the heels of the Chinese stock market plunging 5.5 percent, continued turmoil in the Middle East and the price of gold hitting 5 year lows, today former U.S. Treasury official, Dr. Paul Craig Roberts told King World News that Putin and the Russians are now dominating in Syria and the Middle East as the West destroys itself.
Today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events warned KWN that the world is now on the edge of massive financial destruction and total chaos.
With everyone focused on the escalating conflict in the Middle East and the fact that the ECB is preparing to unleash a monetary bazooka, today King World News thought it was a good idea to take a step back and look at the big picture of the war between gold and the Federal Reserve. This led to a remarkable question: Are these massive market distortions created by the Fed and other Western central banks leading to financial chaos that will propel the price of gold to $20,000?
