The US on the Road to Perdition

KWN Interview Febr 9, 2014

Egon von Greyerz: “Eric, The US has not had a trade surplus since 1975, nor has it had a real budget surplus since 1961. The world’s reserve currency is living on borrowed time and borrowed money. The US will crash with the dollar in the next few years and gold will be the major beneficiary.”

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