- The Ongoing War In Gold & A Coming Currency Collapse!
Today one of the savviest and well connected hedge fund managers in the world spoke with King World News about the ongoing war in the gold market and what to expect going forward. Outspoken Hong Kong hedge fund manager William Kaye also warned there would be a currency collapse and discussed the bigger picture of what is actually taking place in the West and the East. Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, had this to say in this tremendous interview.
Kaye: “The selling action on Friday was pretty well-foreshadowed. Virtually every Non-Farm Payroll report, irrespective of the number, we’ve seen the same type of downside action. The number, which is made up anyway, is always gamed.
There is clearly no evidence of a recovery, but as I said they gamed it anyway. Once the paper market in London had been settled, the COMEX market was jammed lower and it has continued to be leaned on. One thing that needs to be understood is that right now in Asia time we are dealing with something that is a little bit unusual….