(11 days ago)
In this fascinating interview on RealVision TV, Grant Williams and Egon von Greyerz cover a very broad range of subjects from gold, wealth preservation to debt, interest rates, Brexit, the EU and much more.
The biggest risks ahead according to Egon is the global bond markets. He predicts rates going to very much higher levels like in the 1970s. That will lead to more money printing, faster currency debasement and the demise of the bond market.
Grant and Egon also discuss that in every period of panic and crisis combined with economic mismanagement, which we are seeing today, gold has always acted as insurance.
The setup is now perfect for gold to act to protect wealth against the coming problems in financial markets and the world economy..."the Indians know this, the Chinese know this but the West doesn't understand because they have been indoctrinated by paper money..."
Watch Interview: http://www.zerohedge.com/news/2017-03-11/gold-uncertain-times-west-doesnt-get-it-theyve-been-indoctrinated-paper-money