Saturday, July 5, 2014

Greatest Short Squeeze In History To Collapse Financial System

from King World News

Today an outspoken hedge fund manager out of Hong Kong warned King World News that the greatest short squeeze in history will take place in the gold market and it is going to freeze the entire global financial system. William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also said that the short squeeze in gold will take prices to levels that today seem unimaginable to market participants.
Eric King: “Chris Powell was recently giving you credit for calling this (upcoming gold mania) one of the greatest short squeezes in history, and I’m just curious, Bill, as to how you see that short squeeze unfolding?”
Kaye: “What I’ve been saying for some time is that when things get really tense, and physical gold starts to skyrocket when they can’t keep a lid on this any more, what’s going to happen is the entire system is going to freeze up….
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