"Today Egon von Greyerz told King World News that although Italian
banks are currently under attack, pressure will make its way into Portugal and
eventually the UK as well. Egon von Greyerz is founder and managing partner at
Matterhorn Asset Management out of Switzerland. Von Greyerz also said he is
seeing large money flows into gold, and over in Asia, Chinese imports of gold
are “massive.” But first, here is what Greyerz had to say about the action in
gold: “We are going sideways at these levels, but I’m still of the
opinion the next move, in coming weeks, will be to the upside. The news flow
that is coming out every day continues to reinforce our position.”
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/4/10_Von_Greyerz_-_Chinese_Imports_of_Gold_are_Massive_Right_Now.html
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