Why Gold Is Heading Higher & Governments Can’t Stop It

"Today legendary value investor Jean-Marie Eveillard, who oversees $60 billion, told King World News, “As long as the monetary policies continue to be mindless, the upside (for gold) continues.” He also said, “If governments try to make ownership of gold difficult or impossible, it will be much more difficult to do so than it was in the time of Roosevelt in the 1930s.”

Here is what Eveillard had to say: “Well, it seems that almost everybody is ‘all in.’ Mario Draghi is all in, Bernanke is all in, in the sense that both of them have announced ‘unlimited’ purchases of various assets. The Japanese, who believe they yen is too strong, they may be tempted to adopt a very easy monetary policy.”

 

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/9/19_Why_Gold_Is_Heading_Higher_%26_Governments_Cant_Stop_It.html