Will the EU mess trigger a Gold & Silver Derivatives Default?

King World News weekly – July 6, 2015

Egon von Greyerz: “The derivative position of US banks for Q1 2015 has just been published and the reading is more frightening than ever. The top 5 US banks have total a derivative exposure of $247 trillion. This is 3.5 times world GDP. Total derivatives for all banks in the world are just over $600 trillion. But these figures are less than half of the real exposure. A few years ago the BIS in Basel changed the basis of valuation of derivatives to “Value to Maturity”…

Update Greece and Europe to be posted soon.

  • Greek problem to affect all of Europe
  • Massive growth in Precious Metals and Commodity Derivatives
  • Major risk of disruption in gold and silver markets

Click here to read the interview

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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