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From time to time I come across very interesting and important financial information as it pertains to invoke, earnings, and wealth preservation. Here’s some insider info that I’d like to share with those looking to raise their financial IQ:
“Talking about Gold, Deutsche Bank is now closing vaults in Singapore with 200 tons capacity, and in London with 1,500 tons capacity. They have ceased gold trading and there is no need for big vaults, particularly in London because all the gold has already gone from LBMA banks to China and other countries in the East. But anyone who doesn’t own gold and who wants to preserve their wealth should buy now because we will most likely see the previous all-time high of $1,920 assaulted in 2015. We are continuing to see short-term volatility that is totally irrelevant in a manipulated market. By the end of 2015 we will see a very different gold price because the manipulators will have lost control.” – Egon von Greyerz
What does that mean? In layman’s terms, basically, the price of gold and it’s VALUE is on the rise and the time to get in is now rather than later. GOLD ON!