Williams thinks gold is next to explode; Maguire is optimistic too

Section:

10:31p ET Friday, June 20, 2014

Dear Friend of GATA and Gold:

Singapore fund manager Grant Williams tells King World News tonight that prices for ritzy real estate and artwork are exploding and gold well could be next. But then people who buy houses in Mayfair or apartments on Park Avenue typically want to live in them sometimes, just as people who buy paintings by Van Gogh or Vermeer want to be able to look at them occasionally, not just fondle certificates purporting to signify ownership. Unlike ritzy real estate and artwork, paper gold can satisfy infinite demand without ever requiring an increase in price, and paper gold still seems to satisfy many people who suppose themselves to be investors, like people who buy shares of exchange-traded gold funds.

Williams' interview is excerpted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/20_Gr...

Meanwhile at KWN, today's interview with London metals trader Andrew Maguire continues and finds him optimistic about gold's near-term prospects:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/20_Ma...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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