簡單來說, Egon von
Greyerz 認為, 全球只有1%投資資金持有黃金, 因為多數投資專家不懂黃金 !
黃金價格其實不是大家認為行緊的牛市, 而是紙幣在貶值; 可以貶到零 !
金銀價格現在上升, 在來緊12至15個月金價可以見2500美元, 而銀價可以見70美元, 當然大家要注意中途的價格波幅 !
大家要記住, 一定要買實貨和儲存在歐美銀行體系以外 !
kingworldnews.com
On the heels of gold and silver surging strongly, today Egon von
Greyerz sent King World News a tremendous piece where he discusses
today’s move, what investors should expect in the future, as well as
some surprising medium-term and long-term price projections for both
gold and silver. Below is what Greyerz, who is founder of Matterhorn
Asset Management out of Switzerland, wrote in this fascinating KWN
exclusive piece.
With only 1% of world financial assets invested in gold, very few
so-called investment experts have any understanding of the yellow
metal.
So during the 22-month correction
in the gold price, most of the 99% who don’t own gold have all been
calling for the end of the bull market....
What most of these people don’t understand
is that gold is not in a bull market. It is paper money going down,
rather than gold going up. For 5,000 years gold has been the only
money which has maintained its purchasing power. Every single currency
has been destroyed throughout history, in a permanent bear market.
Voltaire was so right when he said in 1729 that “paper money eventually
returns to its intrinsic value – ZERO.”
We
have just started the acceleration phase of the upmove in gold (and
silver). Gold is up $20 today, to almost $1,400 and silver up $0.65 to
$23.75. But this is just the first phase of a continued collapse of
paper money until most currencies reach ZERO. It is not likely to take
that many years.
So
gold and silver will continue to be the mirror image of falling
currencies by very quickly reaching new highs. In the next 12-15
months, gold could reach $2,500 and silver $70. But
that is still only the beginning, and we should reach my very
longstanding forecast of in excess of $10,000 for gold and $500 for
silver. And those targets are with “normal inflation.” With
hyperinflation, which I expect, we might have to add a few zeroes to
the targets.
With
so many superb “freethinkers” that Eric King interviews, KWN followers
have been forewarned about these events. As I discuss with Eric in
this weekend’s audio interview, QE will not end in the US. The world
is still in a total mess economically and financially and none of the
problems that almost caused a collapse in 2008 have been resolved.
For
a very long time we have seen manipulation by governments in the
precious metals markets. The manipulation we saw earlier this year was
absolutely extraordinary. This was extremely well covered by KWN in
interviews with Andrew Maguire and others. Manipulations of markets
can last a long time, but eventually they will end. The truth always
wins in the long run and the laws of supply and demand come into effect
again.
The
smashing of gold and silver in the paper market has, in my view, come
to an end. The physical market will now take over as the only true
market. Paper longs will take delivery and paper shorts will panic.
This will not happen overnight, but gradually, over time. There will
be periods with very high volatility, with gold going up hundreds of
dollars in one day and silver tens of dollars a day. But corrections
will also be violent, so investors must be careful.
So
we now have a perfect synthesis of fundamental, physical and technical
factors for gold and silver, which will be the beginning of a long and
spectacular rise. But investors must
remember that they should only own physical metals which must be stored
in vaults outside the banking system.