Rampant Corruption Now Unstoppable In U.S. & The West
Today an outspoken hedge fund manager out of Hong Kong warned King World News that corruption in the West and the United States has now become “rampant.” William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also discussed the war in gold and what investors can do to protect themselves in this fascinating interview.
Kaye: “I think there has definitely been an effort to suppress the price of gold and keep it below $1,300. Every time they try to get gold down to $1,280 or below, serious strains begin to reappear in the gold delivery system. In other words, gold goes permanently backwardated and GOFO rates go negative, which is indicative of lending not occurring in the system.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/5/1_Rampant_Corruption_Now_Unstoppable_In_U.S._%26_The_West.html
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