‘The paper era is over’: Giustra warns of ‘take down’ in gold, calls ‘project vault’ a signal of new world order

(Kitco News) – The massive sell-off that rocked precious metals markets last week was not a standard correction but a calculated “liquidity event” and a “take down,” according to mining mogul Frank Giustra, who warns that the 50-year dominance of paper gold pricing is coming to a chaotic end.