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As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals spoke with King World News about the Coronavirus and its impact on markets, gold, silver, stocks, and what to expect in 2020. He also warned that the world is going to see unprecedented wealth destruction.
Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland – EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…
Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland – EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…
With global worries over the spread of the Coronavirus accelerating, today Alasdair Macleod said the gold market is aggressively bullish.
Here is a look at a gold bull breakout, another all-time high, plus fiat troubles.
Today Alasdair Macleod warned the Coronavirus and credit may see a perfect storm that ends catastrophically.
Gerald Celente discusses doubling down on the Coronavirus, plus what is going to trigger a sharp spike in gold.
Today legend Art Cashin warned there is more to be worried about than just the Coronavirus.
Jay Powell warned disruptions in China could spill over to the rest of the world, but here is the big surprise.
The world is facing the biggest demand shock since the 2009 global financial crisis.