Last week's smashing of gold was the desperate undertaking of Western central banks and the Bank for International Settlements working in the paper market, Swiss gold fund manager Egon von Greyerz tells King World News today. He adds that the price-suppressing central banks have to use the paper market because they have compromised their gold reserves through leasing. That leasing, von Greyerz says, is why Western gold reserves are never honestly audited. Von Greyerz's analysis is posted at KWN here:
http://kingworldnews.com/alert-china-now-poss...hocking-1200...
