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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 just warned that most people don’t understand the scale of the collapse that is in front of us.
After a wild week of trading in global markets, time for some good news, uh-oh, and wrong turn.
Egon von Greyerz KWN audio interview now released!
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.