ALERT: Gold Is Rallying Because Western Central Bank Vaults Are Running Out Of Physical Gold
KingWorldNews.com
February 12, 2017
With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, told King World News that gold is rallying because Western central bank vaults are running out of physical gold.
Where Is The Gold?
Egon von Greyerz: “We have recently had some significant news about the gold market that makes the situation even less clear. The central banks and the BIS in Basel go to great lengths to tell the world absolutely nothing about their gold dealings. All transactions are carried out covertly and no central bank ever has an official audit of their gold holdings. The last US audit was during Eisenhower’s days in the 1950’s. Ron Paul has been pushing for an audit but to no avail. Will Trump instigate an audit? Well, he might have the intention but when he finds out that a major part of the US 8,100 tonnes of gold is not there, it will all go quiet. There have been pressures for audits in France and Germany in later years but this has had no effect. No country wants to reveal that the gold isn’t there…
The Rest…HERE
