LBMA Collapse To Expose US, Europe & BIS Gold Is Gone
November 2, 2013
On the heels of some wild trading action this week, today the 42-year market veteran, who correctly predicted that the Fed would not taper, warned King World News that as the LBMA system implodes, it will expose that the gold belong to the US, Europe, and the BIS is largely gone. Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this fascinating interview.
Greyerz: “Eric, Western central banks don’t have the 23,000 tons of gold they say they have. Eric Sprott has done great work in this area. But this week we had more proof that the 23,000 tons of gold the West claims to possess is vastly overstated….