Caesar Bryan - Asia’s Gold Buying Continues, Japanese Next

With gold already trading over $50 higher this week, today King World News interviewed 25 year veteran Caesar Bryan, manager of the Gabelli Gold Fund.  Gabelli & Company has over $31 billion under management and Caesar Bryan has managed the gold fund since its inception in 1994.  Caesar said the Japanese public has not yet entered the gold market, but will in the future.  He also believes gold and silver are ready for major moves.  Here is what Bryan had to say:  “We’ve had a $50 move in gold so far this week.  We had the Japanese central bank go to an inflation target last week.  We also had the UK embark on another round of asset purchases.  So we have the background of more money printing.  So we may be seeing a bit of a delayed reaction in terms of gold taking off here.”

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