first majestic silver

Spiking Food Prices Kick Off Inflationary Endgame

Founder @ Matterhorn Asset Management & GoldSwitzerland
May 19, 2020

Egon von Greyerz interviewed by Jan Kneist of Goldseiten.

The ruling of the Federal Constitutional Court sets Germany against the EU. A planned crash? Southern Europe cannot exist without tourism. But the bang will probably come from the US, which despite huge QE programmes is plunging into a depression that will make the 1930s seem small. Almost 40% unemployment, while at the same time food prices are rising. Globally, up to 1.6 billion people could become unemployed, affecting developing countries in particular. Society changing events are looming. Inflation adjusted gold price $18,100. Silver move will be spectacular.

  • BVG ruling – Deathblow for the Euro or planned?
  • Weak countries have no chance in the Euro
  • EU – a huge scam that worked for a while
  • Club Med hangs on tourism
  • ECB balance sheet grows strongly. Even without the Bundesbank?
  • FED balance sheet grows from $4.1 trillion to $6.7 trillion in one month
  • CPI -0.8%, many prices fall, essential goods become more expensive
  • Official US unemployment 14.7%
  • Wrong, without calculation errors even 19%
  • Unemployment according to ShadowStats 35% or 39%
  • Unemployment in the Great Depression was 25%
  • Food becomes expensive, in the USA especially meat
  • Food shortages will increase
  • Soon 1.6 billion unemployed worldwide?
  • 10 million applications for short-time work in Germany
  • In the UK, 50% of adults depend on government payments
  • The world is a Potemkin village
  • FED of Atlanta expects 35% GDP collapse
  • The effect of the Fiat money dwindles more and more
  • Adjusted gold price 1980 at 18,100 dollars
  • Whosoever hath no gold today will suffer great loss
  • Physical bullion is partly available again, premiums remain high
  • Unimaginable events become conceivable
  • C19 is unmasked as a controlled action and causes more and more unrest
  • Material – Fiat Money – values perish
  • Think of silver
  • 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 70 countries.
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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

    Palladium, platinum and silver are the most common substitutes for gold that closely retain its desired properties.
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