Eveillard: Wall Street Is A Den Of Thieves, I’m Not Selling Gold

by alexoscarew | January 26, 2013 at 07:22 am
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http://newsdoors.blogspot.com/2013/01/eveillard-wall-street-is-den-of-thieves.html

Eveillard: Wall Street Is A Den Of Thieves, I’m Not Selling Gold

Today legendary value investor Jean-Marie Eveillard, who oversees $73 billion, told King World News, “I say to myself when I’m in a good mood, ‘Wall Street is nothing but a vast promotion machine.’  When I’m not in a good mood I tend to think, Wall Street may be, after all, a den of thieves.”  Eveillard also tore into Goldman Sachs for their bearish call on gold, and went on to emphatically state, “I’m not selling any of the gold I own.”

Here is what Eveillard had to say:  “What’s catching my eye is the Fed is printing enormous amounts of money.  Meanwhile the Bank of Japan, which up until recently had been quite reluctant to print money, Mr. Abe has now indicated without any ambiguity they will print very freely. ”
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