As we head into a long weekend, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News we are now in the final endgame.
A Wild Start
April 10 (King World News) – Eric King: “Egon, it has been such a wild start to this 2020 and a great deal of what you’ve been talking about for a number of years has started to unfold. We had that big crash in the stock market, and it was global. And then of course we are having this vicious bear market rally but talk about where things stand and where you think they are headed from here.”
Egon von Greyerz: “Eric, let’s just go back to where this last phase started because as you and I have discussed for years, this was coming. It had to come. There’s no other solution or outcome of this crisis. But it was already clear to me (more recently) back in August-September when the ECB first panicked and said, “We will do whatever we can.” Then the Fed came and said the same thing and started their repos. That to me was the signal that the world was now going to encounter a crisis which I compare to what Nixon did in 1971 — closing the gold window — because this is the final phase and this is the phase where we will have…to listen to Egon von Greyerz discuss the endgame click here or on the image below.
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