Head of Gold Switzerland Egon von Greyerz joins the show from the Alps overlooking the iconic Mt. Matterhorn. Our guest recently penned the must read article: "Chaos, and the Art of Survival," outlining methods for investors to thrive amid the impending $3 Quadrillion global debt timebomb.
Egon cites Voltaire's apropos comments regarding fiat money, "Fiat money inevitably returns to its intrinsic value, zero."
Meanwhile, central bankers will continue to print fiat, potentially resulting in hyperinflation; he views this as an inevitable economic end-game scenario, "... it's only a question of when."
Our guest highlights how his firm acts on behalf of investors as to preserve their capital via "wealth preservation" techniques.
Our guest suggests that a euphoric market rally could unfold as the pandemic loses momentum, stoking a wave of investor enthusiasm.
Nevertheless, a relief rally presents excellent opportunity to lock-in frothy gains in paper assets while redirecting profits to hard assets, such as gold and silver.
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
