from King World News
Today an outspoken hedge fund manager out of Hong Kong warned King World News that the world is now set up for what he called “the mother of all Great Depressions.” William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed the physical markets for both gold and silver as well as what investors should expect going forward in those key markets.
Kaye: “The key to the precious metals markets right now is silver. The market in physical gold may seem, for the time being, to be in balance, but this is not the case in the silver market which seems to be broken….
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