Shocking Chart Shows Gold Will See “Astronomical Levels”
November 29, 2013
Today one of the most highly respected fund managers in Singapore sent King World News a shocking gold chart, and also spoke with KWN about why gold will reach “astronomical levels.” Grant Williams, who is portfolio manager of the Vulpes Precious Metals Fund, also spoke about the remarkable events which are taking place around the world. Below is what Williams had to say in part I of this powerful and timely interview series.
Williams: “Eric, we’ve seen a lot of capitulation in recent days, and not just in the gold market. Hugh Hendry, who is a guy I have tremendous respect for, has thrown the towel in on being bearish and he’s turned bullish. In his own words he said, ‘This is probably the top of the market, but I just can’t sit by and watch all these other people make all this money anymore.’ And that’s a really dangerous place for the market to be, when people are buying stuff because it’s going up and because other people are making money. That’s what happened in 1999….