Skip to content

Gold Shortage is Massive Problem

Edward Maas

By Edward Maas

Gold Shortage Creating Massive Problems For Bullion Bank
Egon von Greyerz on KWN, July 26,2013

Greyerz: “Eric, you know my view that gold and silver will go up because of unlimited money printing. That’s guaranteed to happen. But other factors that could put even more (upward) pressure on gold in the short-term are the enormous physical shortages.
“Governments and central banks have, for decades, leased or sold their gold to the bullion banks. So they are very likely to own very little of the 23,000 tons that Western central banks are said to hold.
But now bullion banks also have a problem…..

Click here to read the written story on KWN

Matterhorn Asset Management is dedicated to wealth preservation through safe and secure silver and gold storage in Switzerland. Protect your gold in the world’s safest vaults. To become a client, click here.

About Edward Maas

Edward Maas

VON GREYERZ AG
Zurich, Switzerland
Phone: +41 44 213 62 45

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.
VONGREYERZ.gold
Contact Us

 

Articles may be republished if full credits are given with a link to VONGREYERZ.GOLD