As Good As Gold Australia, Released on 2/25/23
In this latest in-depth discussion, Darryl and Brian Panes from As Good As Gold Australia interview the legendary, Egon Von Greyerz – Founder and Managing Director of Matterhorn Asset Management.
There has been in excess of 3,800 fiat currencies over the last 5000 years that have all gone to zero.
Will the US dollar be next?
And how does the US let go of its dominance?
And how does the world go from a fiat currency to a gold standard without a war taking place?
Major changes are inevitable, as bankrupt governments plan to introduce new draconian laws including the restructuring of policies to gain greater control over super and pension plans, and increasing tax rates – all part of the plan to maintain greater control over our economic future.
Recently, at the Vancouver Resource Investment Conference, a Mr. Chen Lin gave a speech on where he thinks silver and solar panels growth will be. Presently, the new solar panels are using 75% more silver to have greater efficiency. Is silver going to be the next Lithium and when will we see triple digit silver?
The Russian Finance Ministries “National Wealth Fund”, published on February 10th, stated that the fund will only hold Chinese Yuan, physical Gold, and Rubels. There will be no US dollars, Euros, or any other currencies in the fund. The ratio will consist of 60% Yuan and 40% Gold, confirming the De-Dollarisation Policy is playing out. Gold is now starting to be used as money, especially between Russia and China. Who’s next?
Central Banks bought 1,135 tonnes in 2024, representing 1/3 of all the gold mined in one year.
Jim Sinclair has emphasised “Become your own central bank”. Now more than ever, it is vital to own both gold and silver in its physical form.
Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on wealth preservation principles. MAM is part of the Aquila Group, Switzerland’s largest independent asset management group. Von Greyerz makes regular media appearances on CNBC, BBC, etc. and publishes articles on the world economy and wealth preservation.