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Global Crisis: No One Will Save You | Egon von Greyerz
"We have never had bubbles of this magnitude before," says Egon von Greyerz, founder of Matterhorn Asset Management. This crisis is global, he notes. If all nations' economies collapse at the same time, no nation can step in as the savior. For this reason, it is important to hold gold, as an asset that offers protection against economic crisis and currency devaluation.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Wars & energy
8:30 Wars & money
14:26 Exponential collapse
19:40 Why gold?
25:05 Matterhorn Asset Management
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