The gold price will reflect inevitable (hyper)inflation
By Edward Maas
KWN weekly – April 17, 2015
Egon von Greyerz: “We’ve been heavily into gold (on record as recommending 50 percent of assets be invested in physical gold) for our investors and clients since 2002. Nothing moves in a straight line but in 2002 when we bought gold it was $300, and we’re now at $1,200. I’ve said before and I will repeat again, at $300 gold was very cheap and virtually nobody bought it. Today at $1,200 very few people buy it. Gold is as big a bargain, if not a bigger bargain, here at $1,200 than it was in 2002 at $300…
About Edward Maas
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VON GREYERZ AG global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. VON GREYERZ is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 90 countries.
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