Refiners Can’t Keep Up With Massive Global Gold Demand

"Today Egon von Greyerz spoke with King World News about the massive global demand for gold and the incredible strain it is putting on refiners.  Greyerz also talked about retail gold buyers queuing up all over the world.  Below is what Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this tremendous interview.

 

Greyerz: “I will tell you some very important reasons why investors should not worry about the recent turbulence in the gold market.  First of all it was a smash in paper gold.  If you look at our company, as just one example, we did not have one single seller in the last few weeks.

So during this takedown in gold and silver there wasn’t one single seller, only buyers..."

 

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/19_Refiners_Cant_Keep_Up_With_Massive_Global_Gold_Demand.html