KWN weekly with EvG – March 28, 2014
The risks in the banking sector are increasing fast as investors chase yields. High risk Covenant Light loans are now 70% greater than before the financial collapse in 2007. At the same time IMF and some individual countries like Germany and Japan are extending loans to the Ukraine of $27 billion. None of these countries can afford this aid package since they naturally don’t have the money but must print it.
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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. GoldSwitzerland.com Contact Us Articles may be republished if full credits are given with a link to GoldSwitzerland.com.