Here is the Gold Market in One Fantastic Chart
Submitted by Bob-45 on Fri, 12/07/2012 - 17:07Egon Von Greyerz: “We’re seeing a shift from central banks that clearly will not have the gold they say they have, into private ownership.”
After a week of choppy trading, King World News is pleased to share with its global readers a fantastic chart which sums up the gold market in one image. The chart was sent to us from Egon von Greyerz, founder of Matterhorn Asset Management in Switzerland. But first, here is what Greyerz said he is looking for in 2013:
“In 2013 I see the dollar falling and stocks crashing. Initially investors will sell stocks and buy bonds. Then, as the bond market starts falling and interest rates go up, they will sell the bonds and go into cash.”
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My name is pronounced like "see real". Its root is "Lord".
"The demand of a great people is always at the scale of its most serious misfortunes." -De Gaulle
http://Laissez-Faire.Me/Liberty
Central Banks and PMs
Dear Bob-45,
You just CANNOT miss the latest "Silver Update 12/05/12 Fiscal Cliff" from BrotherJohnF when he gets to central banks, assets, and precious metals - fast forward to 13min:59secs if you're in a hurry :
http://www.youtube.com/watch?v=GitCvGFXi2M
For Sound Money.
My name is pronounced like "see real". Its root is "Lord".
"The demand of a great people is always at the scale of its most serious misfortunes." -De Gaulle
http://Laissez-Faire.Me/Liberty
Don't miss the part when he takes his calculator
Don't miss the part when he takes his calculator ... to make a very simple division ...
My name is pronounced like "see real". Its root is "Lord".
"The demand of a great people is always at the scale of its most serious misfortunes." -De Gaulle
http://Laissez-Faire.Me/Liberty
I like that debt limit to gold price chart.
Nice! Thanks.