"Despite the smash today in gold
and silver, one of the most well connected hedge fund managers in the world told
King World News that gold is heading thousands of dollars higher as the West
enters a frightening economic “Ice Age.” Outspoken Hong Kong hedge fund manager
William Kaye also discussed how America and its middle class will emerge from
the coming financial destruction. Kaye, who
25 years ago
worked for Goldman Sachs in mergers and acquisitions, had this to say
in
the fourth and final segment of his written interview
series with KWN.
Kaye:
“This is not a good setup. This is a setup in which gold has been
suppressed, and paper instruments that people own have been artificially
inflated. So when the system collapses on itself, and it will, the inevitable
result will be that gold will be reset upwards (in price) somewhere between
$5,000 and $10,000...."
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