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GOLD VS. BITCOIN: BITCOIN WILL BE HACKED BY SUPERCOMPUTERS AND BANNED BY GOVERNMENTS

By Egon von Greyerz

Founder and Chairman

In this interview Kerry Stevenson from Symposium discusses with Egon von Greyerz the deteriorating health of the global world economy. The root cause originates from deceitful governments, derivatives, money printing and too much debt.

Egon doubts Cryptos will be a saviour of the upcoming global melt down. Egon purports: Governments are likely to ban Cryptos, by shutting down the exchanges, also there is an increasing risk of Cryptos being hacked.

Beside that:

  • Gold price target: Today gold is incredibly cheap. Will go to levels nobody can imagine
  • Gold is currently as low as in 1970 or 2000, greatly unloved and undervalued
  • World economy will drown in a mass of problems, life insurance will be absolutely key in  coming years
  • Nobody saves anymore. Governments are destroying the value of money
  • End game will be the most massive implosion of debts and bond markets. All financial assets financed by debts will also implode
  • Risks today are exponentially higher than in 2008, we are now in the accelerating downtrend for currencies
  • Global banking system under tremendous pressure. German banks are all bankrupt. Massive money printing will be required to rescue them
  • Governments hate gold, as gold expresses their incompetence and reveals their deceits
  • Hacking Cryptos: Google’s supercomputers are soon able to decrypt Cryptos, which was deemed impossible a while ago
  • Cryptos, will never replace gold. Cryptos are not wealth preservation

Thursday, 24. October 2019, 9:10 – 10:00
Gold and Alternative Investment Conference, Sydney, Australia
Egon von Greyerz will give a keynote speech: ” THIS IS IT! ARE YOU PROTECTED?”

Sofitel Sydney Wentworth Hotel, Sydney, Australia
pmis.eventsair.com/gaic


About Egon von Greyerz
Born with dual Swiss/Swedish citizenship, Egon's education was mainly in Sweden. Egon von Greyerz began his professional life in Geneva as a banker and thereafter spent 17 years as the Finance Director and Executive Vice-Chairman of Dixons Group Plc. During that time, Dixons expanded from a small photographic retailer to a FTSE 100 company and the largest consumer electronics retailer in the U... More...

Egon von Greyerz
Founder and Chairman

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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