The Ongoing War In The Gold Market Continues To Rage
October 25, 2013
Today one of the most highly respected fund managers in Singapore spoke with King World News about the ongoing war in the gold market which continues to rage. Grant Williams, who is portfolio manager of the Vulpes Precious Metals Fund, noted, “I think the Goldman Sachs ‘Slam Dunk’ sell call on gold was a crazy one at the time, and the subsequent price action in gold has left them with egg on their face.” Williams also spoke about what to expect going forward in this timely and powerful interview below.
Williams: “I’m keenly focused on the price action in gold. We are now beginning to see to see some very interesting and positive developments in the gold price from a technical perspective. We have also seen some staggering gold exports from the UK, through Switzerland. This gold likely went into China….