KWN weekly – Dec 18 (text) and 20 (audio), 2014
Greyerz: “A couple of weeks ago the Swiss National Bank managed to reject the gold initiative through massive propaganda, claiming that people would lose their jobs because of a strong Swiss franc. Well, the Swiss franc has been getting very near to the 1.20 peg again. The Swiss National Bank, fearing the peg would break, has now initiated negative interest rates of 0.25 percent. They also promised to buy unlimited amounts of euros…….
Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Phone: +41 44 213 62 45
Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 70 countries.
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