West Drives Gold Prices Up by Printing More Paper Money: Advisory Group

 The founder and managing partner of GoldSwitzerland asset management company also pointed out that central banks are not revealing how much gold they have and it is very likely that they have a lot less than they officially say that they have.
Swiss National Bank

Paper money is devalued by the West that keeps on printing large amounts of cash not backed up by gold reserves, while savvy eastern states accumulate their gold reserves foreseeing an increase in gold prices, Egon von Greyerz, founder and managing partner of GoldSwitzerland asset management company told Sputnik.