With continued chaotic trading in the gold and silver markets, today King World News interviewed one of the top strategists in the world, Robin Griffiths of Cazenove out of London. Cazenove Capital is the appointed stockbroker to Her Majesty The Queen. The acclaimed strategist accused the US government of causing this smash in the gold and silver markets, and also spoke about what to expect next. Below is his powerful interview.
Griffiths: “What I would say about gold and silver is a lot of very big entities have a vested interest in those prices not going rocketing up right now. And I don’t think it takes an awful lot of money acting in paper gold to make the prices break down on a daily basis and that’s what we’ve seen….
“But so far, the very long-term trends are still steeply upwards for both gold and silver. They just happen to be extremely volatile in the very short-term. Of course traders love that and investors hate it. But I would be long-term long of both gold and silver.”
Continue reading the Robin Griffiths interview at KING WORLD NEWS