Egon von Greyerz: ‘This will be a horrible time for the world’

GoldSeek, Released on 9/10/22

Egon von Greyerz, Founder of Gold Switzerland says its time for investors to batten down the hatches; unlike the years 2000 and 2008 financial fiascos, 2022 could rival both in risk and volatility. Gold, silver and mining shares are “incredible values… potentially moving up by multiples.” Egon notes that central bank monetary-schemes disrupt Adam Smith’s invisible-hand, leading to increased uncertainty, the antithesis of their stated purpose. Amid record monetary expansion in the wake of the 2019 pandemic, the near zero-money mechanism is unwinding via rate hikes by the FOMC and their cohorts; the resulting deleveraging will exacerbate the fiasco. Key takeaway: Amid unparalleled paper-money printing and eroding purchasing power, wealth preservation requires a bullion allocation ratio of 80% gold and 20% silver.

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.

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments