Major Rise in Demand For Physical Gold Imminent
Egon von Greyerz audio interview on King World News June 15, 2016
In an interview with Eric King just before the Fed announcement, Egon declares categorically that there will be no interest increase. He also gives a rate forecast for the rest of 2016.
Egon also talks about the Swiss gold refiners and the shortages in gold that will soon develop. He also declares that gold and silver have finished a 4 year correction and that silver will lead the way up to new highs. The dire state and likely collapse of major banks is also discussed, leading to massive money printing and hyperinflation.
Egon also explains that the Brexit vote, whatever the result will be is only one of many potential catalysts that will trigger problems in the financial systems that will be considerably worse than 2007-9.
Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management AG