It is better to be prepared
KWN weekly – September 12, 2014
“Greyerz: “Eric, I’m looking at the enormous risk of holding money or other assets in a bank. We know that banks were bankrupt in 2008, and since then nothing has changed. The balance sheets haven’t improved at the banks. The only thing that has happened is the banks now have the right to value toxic debt at maturity rather than at market value. We know that if they valued these toxic assets at market value, most banks would not survive….
In this Interview:
- Eurozone deflation
- Japan
- Derivatives
Click here to read the interview
About Edward Maas
Edward Maas
VON GREYERZ AG
Zurich, Switzerland
Phone: +41 44 213 62 45
VON GREYERZ AG global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. VON GREYERZ is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 90 countries.
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