Greyerz – Institutional Investors Are Following Warren Buffett Into Gold As Central Banks Panic
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals said institutional investors are following Warren Buffett into gold as central banks panic.
September 13 (King World News) –Egon von Greyerz: Embrace uncertainty has long been one of my personal mottos. Because from this moment on, everything is uncertain whether it is your personal health, the stock market or the economy. Sure, we work with probabilities and the most likely is that the sun will rise tomorrow again and that I won’t die today. But we are now at a point in history when trend extrapolation is going to be not only precarious but also both foolish and impossible. Continue reading....