On the heels of eight weeks of chaotic trading in markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, just warned that a massive global money printing program is about to shock the world.
Egon von Greyerz: “Eric, gold is now in a hurry and will surprise everyone with the speed of its move. The heavily massaged and false unemployment numbers on Friday pushed gold down $20 temporarily, but 70 minutes later gold surged to new highs and then closed unchanged on the day. In my view there is now nothing that can hold back gold from going to new highs in 2016.
