Government intervention stalls gold but bitcoin escapes it, von Greyerz says

Section:

4:37p ET Tuesday, May 23, 2017

Dear Friend of GATA and Gold:

Gold fund manager Egon von Greyerz tells King World News today that bitcoin is surging and gold and silver are stagnant because governments can suppress the latter two in the futures markets, where physical gold accounts for less than two-tenths of 1 percent of the nominal gold traded. Still, von Greyerz expects reversals in the markets this year. His observations are posted at KWN here:

http://kingworldnews.com/greyerz-what-is-unfolding-right-now-is-unimagin...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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