from King World News
The man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the price of gold will reach levels that few can imagine today.
Each week Egon von Greyerz articles are published first on KWN.
October 3 (King World News) – Egon von Greyerz: It serves no purpose to hold gold. Why should anyone hold gold when it has lost value against most other assets since 2009.
Yes, making money is a cinch in today’s stock markets so why do I need gold.
For the investors who have managed to combine a good portion of luck with modest investment skills, they could have made 2,000X their money since 1997 on Apple or 2,170X on Amazon, also since 1997.