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…
Gold and silver continue to shine as Theater of the Absurd continues, plus Tom McClellan on stock market reversal.
Peter Schiff says this could send the price of gold above $1,500 tomorrow, plus more on gold and a shocking look at today’s chaotic trading in global markets.
Gold surges $30, closing in on $1,450, as central banks buy a record $15.7 billion in the first six months of 2019, and Trump says US will unleash more tariffs on China.
Legend Art Cashin warned, then the other shoe fell and the bottom began to fall out.
One pro just warned investors panic rate cuts are coming in the fall and investors should buy dips in gold.
On the heels of the Fed cutting interest rates by 1/4 point, the top trends forecaster in the world, Gerald Celente, said the monetary insanity cannot be sustained as gold remains above $1,400, near breakout that will send the price of gold above $2,000.
Post Fed decision, denial is powerful and ultimately painful, about the Fed, plus the biggest surprise of the day.
The Rolex indicator just flashed a major warning, only massive QE will end this, and is the public scared or broke?
