With the price of gold and silver pulling back and consolidating recent gains, today legendary Pierre Lassonde spoke with King World News and predicted that the price of gold will skyrocket as China’s Gold Exchange becomes like a casino.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past president of Newmont Mining, former chairman of the World Gold Council and current chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.
Eric King: “Talk about this next leg of the gold bull market and give me an idea of what you expect to see because this is a secular bull market and now we are going into that final leg. It’s going to be rowdy on the upside, isn’t it, Pierre?”
Legend Pierre Lassonde said China’s Exchange will become like a casino and cause the price of gold to skyrocket
Pierre Lassonde: “The center of gold trading is moving to China, and between India and China that comprises more than 50 percent of the physical gold market. China has a Shanghai Gold Exchange, and that exchange is going to become sort of like a casino…
Continue reading the Pierre Lassonde interview below…
Lassonde Predicts China’s Gold Exchange Will Become Like A Casino
Pierre Lassonde continues: “The Chinese have a propensity toward gambling and I think the Shanghai Gold Exchange is going to become essentially a gambling casino. And with all of the bullish factors, I would not be surprised to see the price of gold with 4 more digits after the first number, I just don’t know what those digits are going to be. I expect fully that the gold price will…To continue listening to Pierre Lassonde’s remarkable KWN audio interview, where he discusses his $10,000+ gold price prediction and much more CLICK HERE OR ON THE IMAGE BELOW.
***Also released: Andrew Maguire – Ignore The Pullback, Gold To Surge Above $1,400 On Next Leg Higher CLICK HERE.
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