from KingWorldNews:
Four-decade veteran John Hathaway told King World News, “we are within months … from this thing blowing wide open. When that happens, money will look to find whatever it can in order to participate.” The prolific manager of the Tocqueville Gold Fund also said, “I think at that stage you are going to see gold go ballistic because it will be an admission of failure on the part of policymakers.” Here is what Hathaway had to say about the ongoing crisis: “All of the political leaders and policymakers are frantically trying to put their fingers in the dyke. The euro is on its last legs. It’s very late in the game to expect anything like the coordinated action that would be necessary to restore confidence. People are moving to the exits. You’ve got slow motion bank runs taking place. People who see this and understand it are moving into gold.”
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