Man Who Predicted Gold Takedown Tells Investors What’s Next
October 2, 2013
In the aftermath of the brutal takedown in gold and silver, today the man who predicted the smash ahead of time spoke with King World News about what investors should expect next. William Kaye, who is one of the savviest and most well-connected hedge fund managers in the world, also told KWN exactly why the plunge is being orchestrated and how it will end. Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, had this to say in his fascinating interview.
Kaye: “This is a convenient time for manipulation because China’s retail market is closed. In other words, this is the biggest holiday of the year for the Chinese, and this will have a significant impact on wholesale demand in China from high net worth individuals and others.
It’s apparent that the powers that be — the Fed, the BIS, the major central banks — are using this opportunity to push the paper price lower….