Skip to content

von Greyerz – There Is a tide In the affairs of Men

Edward Maas

By Edward Maas

KWN – 15 November 2012

In this week’s interview Egon von Greyerz discusses the feeble situation in Japan and China, strikes and riots in Europe and an increasingly violent Middle East.

“Eric, I was talking to you last week about how Japan was a disaster waiting to happen. I was pleased to see John Embry agreeing with me on Japan because John is one of the wisest men I know. So Japan is in a mess, but you don’t have to go far to look at another problem which is China.
“China has been dealing with over-investment and easy credit for years, and it’s a bubble. There is a bubble in the economy in China, there’s a credit bubble, there’s a property bubble. China is the only economy in the world that is totally built on credit.

Most emerging economies are built on investment out of profit….
Click here to read full interview on KWN

Matterhorn Asset Management is dedicated to wealth preservation through safe and secure silver and gold storage in Switzerland. Protect your gold in the world’s safest vaults. To become a client, click here.

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.
VONGREYERZ.gold
Contact Us

 

Articles may be republished if full credits are given with a link to VONGREYERZ.GOLD