Gold to $10,000 – VON GREYERZ. Be Afraid
By GCRU Gold News on Thursday, April 21 2016, 00:30 - Permalink
The second day of this year’s much more upbeat European Gold Forum, given the relatively strong performance of gold and silver this year to date, was kicked off with a hugely positive (for gold investors) presentation from Egon von Greyerz of Matterhorn Asset Management. Von Greyerz’ views on gold are well known – he has virtually always been hugely bullish on the precious metal, or perhaps that should be bearish on national currencies, including the mighty US dollar. While gold bugs may like his predictions – gold to $10,000 within the next few years, they may not, on deeper analysis, be particularly happy on what will happen to the global economy on the way to getting there.