07 October 2008

Gold May Double in Price as Paper Gold Trade Collapses

Within the gold complex, there is a disparity between the paper market and the physical market, notes Jurg Kiener, CEO of Swiss Asia Capital. He tells CNBC's Maura Fogarty & Rebecca Meehan that if the paper market collapses, gold prices may double very quickly.

Gold Prices May Spike as Paper Gold Market Collapses - CNBC