Another important reminder
Greyerz: “Eric, the world already hit a massive iceberg back in 2008, and it’s been sinking slowly ever since. The fact that money has been pumped into the system around the globe has meant that the sinking is going more slowly than it otherwise would have.
Of course this money printing will have no positive long-term effect or benefit whatsoever since printed money is worthless and can never add any value. But it’s making the process slow and painful for the world. People are in total denial, the band is still playing and the people are still dancing on the ship….
The full interview can be read on KWN…..
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.