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Von Greyerz: Soaring gold and silver will be part of a really nasty world
4:40p ET Friday, August 30, 2013
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz today tells King World News that gold and silver investors should be careful about what they wish for, since the stratospheric prices he expects for the monetary metals will signify hyperinflation and social disintegration. But von Greyerz adds that gold at $2,500 and silver at $70 in the near term will still lag inflation on account of price suppression by central banks. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/30_A_...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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