Will This Nightmare Scenario Send Silver To $500 & Gold To $10,000?
from King World News
With continued wild trading action across the globe, today King World News spoke with the man who recently had a fireside chat with billionaire Frank Giustra. On the heels of his recent meeting with Giustra, he discussed a scenario that he believes will be the catalyst for $500 silver and $10,000 gold.
Egon von Greyerz: “Eric, a couple of weeks ago the Swiss National Bank managed to reject the gold initiative through massive propaganda, claiming that people would lose their jobs because of a strong Swiss franc. Well, the Swiss franc has been getting very near to the 1.20 peg again. The Swiss National Bank, fearing the peg would break, has now initiated negative interest rates of .25 percent. They also promised to buy unlimited amounts of euros….
Continue Reading at KingWorldNews.com…
Source: http://financialsurvivalnetwork.com/2014/12/will-this-nightmare-scenario-send-silver-to-500-gold-to-10000/?utm_source=rss&utm_medium=rss&utm_campaign=will-this-nightmare-scenario-send-silver-to-500-gold-to-10000
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