Egon Von Greyerz - Gold Hits All Time High - Watch And Find Out Why
In this most recent interview, Darryl and Brian Panes from As Good As Gold Australia chat with the legendary founder and general manager of Matterhorn Asset Management and Gold Switzerland, Egon Von Greyerz.
Egon confirms that the world is now witnessing the end of a currency and financial system.
Interestingly, the Chinese forecast this in 1971 after Nixon closed the gold window, and we were reminded of von Mises' words of wisdom,"there is no means of avoiding the final collapse of a boom brought about by credit expansion". History tells us that we have now reached the point of no return.
So what's next - where to from here?
US Debt to GDP at 130% and sitting at $34 trillion USD
Japan's Debt to GDP at 260%
BRICS continuing to gather momentum, and in particular the inclusion of Saudi Arabia puts enormous pressure on the US Dollar. Egon provides his viewpoint on all the above.
Author, Seamus Bruner has written a new book titled,'Controligarchs - Exposing The Billionaire Class, Their Secrets Deals, And The Globalist Plot To Dominate Your Life'.
These men have used the powers of government to seize control over key industries, including food, finance, health care, energy, and the information industry.
They want to bring about a renter based economy where you don't own your house or car.
They want a subscription based lifestyle.
According to Bruner, several solutions exist, including awareness and non-compliance. He discusses ways to opt out of the system, including the ownership of gold.
Now more than ever before it is imperative to own gold.
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