In this exclusive video interview on behalf of Matterhorn Asset Management / GoldSwitzerland Lars Schall talks with William S. Kaye, the Senior Managing Director of the Pacific Alliance Group of Companies in Hong Kong.
They speak about the motive, the means and the opportunities to suppress the gold price. Kaye says that a free-market price of gold would essentially cast the central banking interventions for what they are.
However, he explains and predicts that the price suppression scheme can’t go on forever and that in the ‘end game’ the paper gold market must eventually be settled with physical and that it will require an very high price of gold to entice owners of physical gold outside the banking system to be prepared to meet that massive anticipated demand.
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