The gold price will reflect inevitable (hyper)inflation
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…
Click here to read and listen to the April 17 interview
About Edward Maas
Edward Maas
VON GREYERZ AG
Zurich, Switzerland
Phone: +41 44 213 62 45
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