Monday, August 6, 2012

Don Coxe - Get Ready, Gold To Re-Enter The Financial System

"Today King World News is pleased to share with its global readers the investment recommendations of 40 year veteran Don Coxe. Coxe believes, “This schizophrenic period of gold and gold stock valuation is unsustainable.” He feels very strongly that Investors need to invest where the demand is—and will be for coming decades.” 

Coxe, who is Global Strategy Advisor to BMO ($538 billion in assets), also warned, “We remain of the view that what might be the only way for the eurozone to assemble enough firepower to give credibility to the markets is for governments which have gold to use it to back very long-term convertible bonds.”
He also issued this critical warning: “The euro's death throes could take a long time. The elites may try to drag down as many innocent victims as possible to deflect attention from themselves.”

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