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Greyerz – Investors Need To Be Positioned For More Chaos

from KingWorldNews:

Today Egon von Greyerz told King World News that “these are massive historic events we are witnessing.” Egon von Greyerz is founder and managing partner at Matterhorn Asset Management out of Switzerland. Von Greyerz also said, “investors need to be positioned for more chaos in the future.” But first, here is what Greyerz had to say about gold: “A lot of investors are nervous today, you can see that in the markets. But if you look at the gold market, for example, the fact that the gold price is down 17%, in terms of dollars, from the $1,920 level and down less than 10% in euro terms, we are still consolidating at a very high level.”

Egon von Greyerz continues @

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1 comment to Greyerz – Investors Need To Be Positioned For More Chaos


    Mr. von Greyerz states that “the gold price is consolidating at a high level.”
    Consolidating? If it were not for vicious unchecked cartel manipulation we would not be consolidating at all. We would be enjoying $2000+ price levels right now.Egon cannot let the word “manipulation” cros his lips. For him it doesn’t exist. This goes for several other highly repected gold afficianados as well. What are these guys afraid of?

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