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Monday
May132013

Disappearing Gold Inventories, Financial Collapse & The Fed

Today outspoken Hong Kong hedge fund manager William Kaye spoke with King World News about disappearing gold inventories, financial destruction and the Fed.  Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions and who is the founder of Pacific Group, had this to say in part I of an extraordinary written interview series which will be released today.

Kaye: “Stocks in our opinion have been driven higher by all of this cocaine from the Fed and the other central banks.  So we live in this financial Potemkin village in which stocks are overpriced.  I can’t give you a date as to when they will collapse, but I can tell you with great certainty that they will. 

Bonds are widely overpriced with the obvious reason that the Fed itself is 70% of the US Treasury market.  So stocks and bonds are overpriced and everyone is printing money.  Just in the last week the ECB lowered rates and told you in the narrative they would lower them further....

Continue reading the William Kaye interview just click here.


With gold, silver and Uranium stocks being out of favor one must decide if this is a problem or an opportunity. We have steadfastly refused to buy gold and silver mining stocks for the last two years and as evidenced by the HUI we feel that our decision to hold back has been vindicated. The damage done to the mining sector may not be over yet but this demise is starting to offer up some exciting opportunities in my view.

Great care will be needed in the selection process in order to generate a reasonable profit and that’s where our new venture begins. ‘Stock Trader’ has begun trading on behalf of ourselves and our much valued subscribers, all exciting stuff which we are really looking forward to, if you wish to join us then please subscribe below;

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