Egon von Greyerz continues:

“At the same time, we are reading that a number of central banks are buying gold. So the nonsense coming from the mainstream media that people are not interested in gold is completely false. We are seeing massive accumulation of physical gold. This decline today is clearly only in the paper market."

"Once people wake up to the fact that the paper market is not even a real market, meaning it’s a false market that can never deliver the real goods, once investors realize this, that is when people will really panic"....

The full interview from King World News:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/5/3_Greyerz_-_Swiss_Refiners_Say_Demand_for_Gold_is_Massive.html