With people concerned about large commercial short positions in gold, today Egon von Greyerz told King World News investors should not worry about a smash in the gold and silver markets.
(King World News) – Eric King: “Egon, the commercials have been shorting heavily in the gold market. Many people are worried there is going to be another smash in the gold market as a result. Is that what’s going to unfold, or is this going to be more like the crude oil market, where we just continue to see the price of gold surge the same way crude oil has?
Egon von Greyerz: “Eric, the cycle has turned. I do not see another smash. This was just a mini correction that we saw into December of 2017. The move is up (for the price of gold) and the move is going to be stronger. I expect…To continue listening to the powerful KWN audio interview with Egon von Greyerz CLICK HERE OR ON THE IMAGE BELOW.