Loading ...Egon von Greyerz on Commodity TV: STRONG AUTUMN RALLY IN SILVER AND GOLD
by Egon von Greyerz September 16, 2019
In this interview Egon von Greyerz, discusses with Jochen Staiger of Commodity TV the massive energy accumulated in gold & silver over the last six years. Once this force unravels, it will lead to the next explosive move higher.
On how to time the move, Egon commented: Based on the broken Maginot line, at $1,350, a huge rally will unfold this autumn, and simultaneously a major stock market fall.
Also:
- How the governments around the world propel the gold rally by destroying paper currencies
- Central Banks: ECB, FED, BOJ, PBOC, all promised to debase their currencies by printing unlimited amounts of money in order to support their rotten economies
- Mega bubbles will implode with an unprecedented endgame of epic proportions
- Ultimately governments will be the buyers of last resort of worthless bonds, which will lead to a worldwide asset implosion
- Nightmares unfolding: Massive collapse of asset and debt values, world’s stock markets will enter secular and long lasting bear market
- Pensioners will suffer
- 1980 Inflation adjusted gold price should be at $18’000
- Silver is massively undervalued, could reach $666
- The world awaiting us will be very difficult , a lot of people will suffer