The Global Panic Has Just Started

September 25, 2019

Greg Hunter interview with Egon von Greyerz on USAWatchdog:

In this Interview with Greg Hunter, Egon von Greyerz says the signs abound that we are nearing the end of this global fiat money experiment.

Asked about the health of the global financial system EvG replied: “The central banks are panicking. They don’t know what to do anymore. Europe is starting QE again with $20 billion a month, but that’s nothing compared to what is coming… This is simply a ‘practice round'”.

Beside this outlook:

  • The steps towards a total chaos in the world, to be seen in the months and years ahead
  • Central bankers know the system is on the verge of collapse with Deutsche Bank and Commerz Bank down 95%
  • Deutsche Bank’s $50 trillion derivatives black hole, affecting the whole banking system worldwide with no chance of survival
  • In Europe on the precipice: Italy, Spain, France and Greece and in the U.S the daily accelerating liquidity pressure
  • Implosion ahead of all asset bubbles. Measured in gold, stocks and property markets about to lose at least 95%
  • The next major move of gold has just started and it is going to go ballistic, to levels that will be hard to believe today
  • The world cannot have solid growth until this debt has imploded
  • But the debt can only be wiped out by wiping out all of the asset values. There are no other solutions to the mess the world is currently in

Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Zurich, Switzerland
Phone: +41 44 213 62 45

Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 60 countries.
GoldSwitzerland.com
Contact Us

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Egon von Greyerz – Founder and Managing Partner of Matterhorn Asset Management (MAM) and GoldSwitzerland based in Zurich. Egon forecasted the present problems in the world economy already in 2002 when he recommended to investors to allocate 50% of assets into physical gold (at $300) stored outside the banking system. Egon began as a banker in Geneva and was thereafter Finance Director and Vice-Chairman of a FTSE 100 company in the UK.  He makes regular media appearances  on CNBC, BBC and King World News and speaks at investment conferences around the world. MAM (founded in 1999), specialises in wealth preservation. GoldSwitzerland buys, sells, transfers and stores physical precious metals for private investors and institutions outside the banking system. His website is www.goldswitzerland.com

One ounce of gold is so ductile it can be drawn into a wire 50 miles long

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