Egon von Greyerz: $2 quadrillion in global debt looms over the markets, paper assets could implode

GoldSeek, Released on 3/2/23

2.00 – US equities markets and most assets hover in bubble territory.
3.00 – A Kodiak-sized bear market may be imminent.
3.20 – Gold bull market on the horizon?
4.30 – Declining purchasing power bodes well for gold and silver.
6.00 – Global currency crisis.
7.05 – The investing public will pour into the PMs sector.
9.50 – $2 quadrillion in global debt looms over the markets.
10.50 – The debt bubble may implode amid massive monetary stimulus.
11.20 – Gold remains the best portfolio safety-net.
13.20 – Gold supply will dwindle, increasing demand.
15.30 – Central bank gold purchases will add to the upward price bias.
16.50 – CBDC’s include hidden risks, increasing currency volatility.
20.00 – Owning 2 passports may be advisable.
20.45 – Gold remains the ONLY remaining currency, thousands of years later!
21.40 – The risk of gold-confiscation is negligible.
22.20 – Holding gold outside the home country is advisable, for a Shawshank-like rendezvous.
23.30 – How high could gold soar? $10k, $20k perhaps even $50k?
26.20 – Paper assets could implode, leaving non-gold holders stymied.
26.45 – Hyperinflation remains a plausible risk.
27.30 – Recently, gold shielded Venezuelan’s from hyperinflation.

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.

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