Today the man who two days ago correctly predicted the gold market would be smashed directly after the Fed meeting spoke with King World News about what investors around the world should expect next. William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also addresses major developments in the war on gold as well as what this will mean for investors. Below is what Kaye had to say in his powerful and timely interview.
Eric King: “Bill, you did a fantastic job two days ago of noting that physical gold was being looted once again from the ETF GLD. You also repeatedly warned that you were very concerned this had taken place directly in front of the upcoming Fed decision. You were suspicious of the raid because you believed that metal was going to be used to smash the price of gold directly after the Fed decision and that’s exactly what we have seen. What are your thoughts now?”
Kaye: “Thank you, Eric, but the bad news is the bad guys are still in charge. That was reflected with yesterday’s decline after the Fed decision, and once again today. We have the biggest POMO of the year today….
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