5 votes

Here is the Gold Market in One Fantastic Chart

Egon 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.”

read more http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/...



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Cyril's picture

BUMP

BUMP

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

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.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

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 ...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

SteveMT's picture

I like that debt limit to gold price chart.

Nice! Thanks.