“We speak to the Swiss gold refiners all the time and I visit them regularly. I was there very recently and they are seeing constant flows of gold to primarily China, and also to India. …..
Every single ounce of gold of the 3,000 tonnes mined in the world each year is sold. The gold doesn’t need to be marketed, it’s been pre-sold, all of it.”
Click here to listen to the latest Audio Interview on King World News with Egon von Greyerz
Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management AG