Von Greyerz: Despite Manipulation, Swiss Gold To Become Money!
- Greyerz – Despite Manipulation, Swiss Gold To Become Money!
by www.kingworldnews.com
Today Egon von Greyerz spoke with King World News about the, “… incredible amount of intervention and manipulation (in the gold and silver markets).” Greyerz, who is founder and managing partner at Matterhorn Asset Management, also spoke with KWN about an initiative to make gold money in Switzerland, “It is an initiative that will introduce a Swiss gold coin as a parallel currency.”
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Here is what Greyerz had to say: “It’s ridiculous, Eric, what is happening now. There is an incredible amount of intervention and manipulation (in the gold and silver markets). I know you’ve had these superb interviews with the ‘London Trader,’ but just looking at the screen, at every important level, the gold and silver prices are being attacked and there is selling taking place.”
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“Every time COMEX opens, it’s the same thing — you see selling. So there is clearly short-term manipulation, but it makes no difference whatsoever. If you look at the gold price, in combination with world liquidity, you see that gold is going up hand-in-hand with increased liquidity. That will continue, Eric, and since the money printing will accelerate, it’s very clear the gold price will also accelerate….
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