Egon von Greyerz – Insoluble Debt, Hyperinflation & $600 Silver
by Greg Hunter
USA Watchdog
Financial and precious metals expert Egon von Greyerz (EvG) stores gold for clients at the biggest gold vault in the world buried deep in the Swiss Alps. This year, EvG’s company, Matterhorn Asset Management, has seen “a major inflow, a massive inflow of big amounts of gold” being vaulted by his wealthy clients. Why the big spike in people wanting physical gold? EvG says, “You have seen this year incredible money creation around the world by central banks along with the massive debt increases. You are looking at . . . the money supply, which has been going up for 50 years, but now . . . it’s going up in a straight line. So, we are now entering into the exponential phase of this financial system. We are seeing unlimited money printing, helicopter money like Ben Bernanke (former Fed Head) called it. Then we are going to see accelerated debasement of the currency. The real moves in gold and silver haven’t started yet.”