Gold price rigging allows continuation of flawed policies
In this exclusive video interview on behalf of Matterhorn Asset Management / GoldSwitzerland Lars Schall talks with William S. Kaye, the Senior Managing Director of the Pacific Alliance Group of Companies in Hong Kong.
They speak about the motive, the means and the opportunities to suppress the gold price. Kaye says that a free-market price of gold would essentially cast the central banking interventions for what they are.
However, he explains and predicts that the price suppression scheme can't go on forever and that in the 'end game' the paper gold market must eventually be settled with physical and that it will require an very high price of gold to entice owners of physical gold outside the banking system to be prepared to meet that massive anticipated demand.
William Kaye is the Founding Partner, Chief Investment Officer, Senior Managing Director and Vice Chairman at The Pacific Alliance Group of Companies based in Hong Kong.
Started his carreer at Goldman Sachs M&A division and thereafter joined Paine Webber in New York as Manager of the Arbitrage Department and as Member of the Board of Directors from 1986 to 1990.
William Kaye holds a Business Administration dgree (cum laude) from Vanderbilt University in 1975 and an M.B.A.from the University of Chicago Graduate School of Business, where he graduated as a Beta Gamma Sigma scholar in 1997.
They speak about the motive, the means and the opportunities to suppress the gold price. Kaye says that a free-market price of gold would essentially cast the central banking interventions for what they are.
However, he explains and predicts that the price suppression scheme can't go on forever and that in the 'end game' the paper gold market must eventually be settled with physical and that it will require an very high price of gold to entice owners of physical gold outside the banking system to be prepared to meet that massive anticipated demand.
William Kaye is the Founding Partner, Chief Investment Officer, Senior Managing Director and Vice Chairman at The Pacific Alliance Group of Companies based in Hong Kong.
Started his carreer at Goldman Sachs M&A division and thereafter joined Paine Webber in New York as Manager of the Arbitrage Department and as Member of the Board of Directors from 1986 to 1990.
William Kaye holds a Business Administration dgree (cum laude) from Vanderbilt University in 1975 and an M.B.A.from the University of Chicago Graduate School of Business, where he graduated as a Beta Gamma Sigma scholar in 1997.
Weitere Videos dieses Autors
