Massive Squeeze Coming As WGC Confirms Gold-Backed Yuan
King World News is pleased to break the news first in the world for our global readers that the World Gold Council has now confirmed the Chinese are going to back the yuan with gold. Today a legend in the business, Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, informed KWN of this development and also stated, “… the gold and silver bulls are going to begin to trample the bears at some point in the near future.”
Here is what Barron had to say: “This is what I have heard firsthand regarding the silver shortage. I spoke to a dealer where I purchase gold and silver in the United States. He just told me that immediately after the Presidential Inauguration his firm immediately began selling the hell out of monster boxes of US silver eagles.”
Keith Barron continues:
“This dealer informed me that business is absolutely crazy right now and he can’t keep product on the shelf because it’s flying out the door. I would also like to mention two items which are very important that the KWN readers should be aware of….