It doesn’t matter whether investors are buying gold at $1,600 or $1,800, it’s irrelevant in the long-run. What’s important is they are invested in physical gold in order to preserve their wealth.
I believe that QE will and must start very soon. This will either happen in April or the gold market will anticipate its start at that time. The Treasury bond market, which is going down fast, is already smelling inflation and QE. So I believe we are nearing the time period where gold will have an explosive move to the upside.”
- Egon von Greyerz via a recent King World News interview, Read the full interview here: