John Hathaway – China Is Preparing To Radically Reprice Gold Higher As Demise Of The COMEX & LBMA Accelerates
KingWorldNews.com
January 13, 2017
On the heels of a fascinating start to 2017, one of the greats in the business, John Hathaway, says China is preparing to radically reprice gold higher as the demise of the COMEX & LBMA accelerates.
By John Hathaway, Tocqueville Gold Fund
January 13 (King World News) – Gold rose 8.5% for the year while gold-mining stocks (XAU – Philadelphia Gold and Silver Index stocks) rose 75%. On an annual basis, results were highly satisfactory. However, there was considerable drama beneath the surface that left precious metals investors in a state of anxiety by year-end. Precious metals and mining shares rose sharply through August, and then spent the rest of the year giving back much of the first-half gains. The second half downtrend accelerated into early December, following the unexpected victory by Trump and a hawkish statement after the December Federal Open Market Committee (FOMC) meeting…
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