This Global Collapse May Dwarf What Was Seen In 2008-’09
This global collapse may dwarf what was seen in 2008-’09.
This global collapse may dwarf what was seen in 2008-’09.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that he’s seeing physical silver shortages that are going to cause the price of silver is set to skyrocket. This is one of Egon von Greyerz’s greatest and most powerful interviews ever.
Egon von Greyerz (EvG): Founder and Chairman of VON GREYERZ AG. Egon forecasted the current economic problems in 2002 (gold $300/ oz.) Egon recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system… VON GREYERZ AG is now the world’s leading company for direct investor ownership of physical gold and silver outside the banking system.
Egon von Greyerz (EvG): Founder and Chairman of VON GREYERZ AG. Egon forecasted the current economic problems in 2002 (gold $300/ oz.) Egon recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system… VON GREYERZ AG is now the world’s leading company for direct investor ownership of physical gold and silver outside the banking system.
It appears that China’s decades long price suppression scheme in the silver market is coming to an end.
Foreign central banks now hold more gold than US Treasuries. This is part of a much bigger global rebalance.
The steepening yield curve is sending the price of gold higher and should continue to do so for the foreseeable future.
It appears that the point of no return has been reached.
This is a look at how the Red rate cut will impact gold and the US dollar.
Here is a look at the gold and silver breakouts and a once in a lifetime opportunity.