“The Price Damage Is Almost Beyond Belief At This Point”
June 26, 2013
Today one of the savviest and well connected hedge fund managers in the world told King World News the price damage in gold and silver “is almost beyond belief at this point.” Outspoken Hong Kong hedge fund manager William Kaye also warned KWN that a “criminal” syndicate of banks has now positioned themselves for a massive and spectacular rise in the price of gold and silver, and his firm’s money is long metals for the ride. Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, had this to say in this remarkable interview.
Eric King: “Bill, your thoughts on this continued smash on gold and silver that we are seeing?”
Kaye: “It’s more of the same, Eric, that we talked about last time. They choose the thinnest sections of trading in gold, Asia time, for most of the smash. Most of the price damage was done overnight in the United States during Asian trading.
They took the price of gold down to levels that we haven’t seen for years….