Greyerz – Gold Continues To Hemorrhage Out Of Western Central Bank Vaults – Podcast
Greyerz – Gold Continues To Hemorrhage Out Of Western Central Bank Vaults – Podcast from King World News
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies told King World News that gold is continuing to hemorrhage out of Western central bank vaults.
Gold Hemorrhaging Out Of Western Central Bank Vaults
January 20 (King World News) – Egon von Greyerz: “Nobody thinks that the West has the gold holdings they claim to possess. We are seeing outflows of gold out of the US and the UK. We see the outflow of 400 ounce bars (out of the US) that is certainly central bank gold and we see the same thing out of the UK. Very often we see outflows of 400 ounce bars into Switzerland where they are then melted down and sent to China.