Turk and von Greyerz on European concerns

KWN weekly – Nov 25, 2014

Turk: “But it’s not just countries that are nervous about whether they are going to get their metal back. There are also major entities out there who are owed significant amounts of gold, and they are getting very nervous about whether they will ever see their physical gold again. So I think this squeeze that we are seeing for physical metal is going to continue at least through year end.

Greyerz: “The outcome of this vote is still of course very uncertain. There have been so many undecided voters and they will ultimately be the deciding factor. Meanwhile the Swiss National Bank (SNB) and the government have conducted a massive propaganda campaign against the initiative…..

    About:

  • Backwardation
  • More European repatriation of Gold?
  • Swiss National Bank propaganda

Click here to read the Nov 25 interviews

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