“I find it fascinating that the JP Morgan who has become a joint custodian of the GLD gold ETF is planning to move the gold to Switzerland. This confirms my strong view that Switzerland will further strengthen its position as a major gold hub. Currently 70% of all the gold bars in the world are refined in Switzerland which also have more major private gold vaults than any other country. ”
Von Greyerz: Major Revaluation Of Gold & Precious Metals Is Imminent