EGON VON GREYERZ ON COMMODITY TV: STRONG AUTUMN RALLY IN SILVER AND GOLD
In this interview Egon von Greyerz, discusses with Jochen Staiger of Commodity TV the massive energy accumulated in gold & silver over the last six years. Once this force unravels, it will lead to the next explosive move higher.
On how to time the move, Egon commented: Based on the broken Maginot line, at $1,350, a huge rally will unfold this autumn, and simultaneously a major stock market fall.
Also:
- How the governments around the world propel the gold rally by destroying paper currencies
- Central Banks: ECB, FED, BOJ, PBOC, all promised to debase their currencies by printing unlimited amounts of money in order to support their rotten economies
- Mega bubbles will implode with an unprecedented endgame of epic proportions
- Ultimately governments will be the buyers of last resort of worthless bonds, which will lead to a worldwide asset implosion
- Nightmares unfolding: Massive collapse of asset and debt values, world’s stock markets will enter secular and long lasting bear market
- Pensioners will suffer
- 1980 Inflation adjusted gold price should be at $18’000
- Silver is massively undervalued, could reach $666
- The world awaiting us will be very difficult , a lot of people will suffer
About Egon von Greyerz
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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