Swiss Asia CEO: “Very Favorable Environment For Gold. Full Stop.”

via bloomberg:

Juerg Kiener, CIO and Managing Director at Swiss Asia Capital, tells it like it is. Gold’s current COMEX trading price is completely detached from the reality of the physical gold market: growing demand and falling supply.

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“What you see is the paper price, which is the Comex price, is not really the real structure or the fundamental structure of the physical gold market”.

 

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