PMs smashed and Fires everywhere

July 7, 2013

Gold & Silver Smash & Fires Burning Everywhere In The World
King World News 5 July 2013

PHYSICAL DEMAND UNABATED

Greyerz: “Eric, “On a day like today investors have to put aside the short-term action in gold and silver and look at the fundamentals. It’s hard to know where to start, Eric. There are fires burning everywhere in the world, and these fires can’t be extinguished.

Therefore, all governments and central banks will do is put more fuel on the fires because they don’t have any other tools to rectify these massive problems that we have in the world.

Any of these fires could be the catalyst for the next major crisis, and the next crisis in the world will be much more severe than in 2008. I’ve previously stated that Japan is a basket case that can never be saved. And of course Japan is the world’s 3rd biggest economy…..

The full interview can be read on KWN…..



Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Zurich, Switzerland
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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