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Derivatives will lead to systemic failure of banks

By Egon von Greyerz

Founder and Chairman

KWN weekly – Dec 9, 2014

Greyer: “The derivatives exposure of major European and U.S. Banks are certain to initially lead to massive money printing combined with bail-ins. Eventually it will lead to the failure of a large number of banks…..

    About:

  • Systemic risk
  • Are Swiss banks safe?
  • A bet on gold and silver

Click here to read the Dec 9 interview.

About Egon von Greyerz
Born with dual Swiss/Swedish citizenship, Egon's education was mainly in Sweden. Egon von Greyerz began his professional life in Geneva as a banker and thereafter spent 17 years as the Finance Director and Executive Vice-Chairman of Dixons Group Plc. During that time, Dixons expanded from a small photographic retailer to a FTSE 100 company and the largest consumer electronics retailer in the U... More...

Egon von Greyerz
Founder and Chairman

VON GREYERZ AG
Zurich, Switzerland
Phone: +41 44 213 62 45

VON GREYERZ AG global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. VON GREYERZ is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 90 countries.
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