For those distraught over the COMEX paper futures price of gold plunging towards $1,000/oz, Switzerland’s Egon von Greyerz has some information for you:
From Greg Hunter:
I am not upset because I know one day, COMEX will default. The futures market will default. The banks will not be able to deliver the paper gold they have issued. One day people will come in and try to get their gold, and there won’t be any gold when they ask for it. How can you be nervous (holding gold)? The truth will eventually come out, and that truth will be very painful for all the paper holders of gold.”
INTRO PRICING: $2.79/oz Over Spot, Any Qty!
2017 2 oz Silver Queen’s Beasts The Griffin