Grant Williams interviews Egon von Greyerz about the importance of wealth preservation in today's economy, emphasizing that global debt has tripled in the last 20 years, increasing risk exponentially. Von Greyerz believes that gold is the best way to protect oneself against this risk, as it has helped people survive hyperinflation in the past. He warns against inflated property assets during times of rising interest rates and suggests that Central Banks may not be able to save investors this time. Von Greyerz also emphasizes that the value of money has decreased since 1970 and currencies will collapse due to increasing inflation and the printing of more money. He argues that anyone can preserve their wealth with gold and that it doesn't need to move in price to be an effective tool. The interview covers topics such as asset protection, gold investment, central banks, and inflation investment.
Original source: Matterhorn - GoldSwitzerland
Reproduction, in whole or in part, is authorized as long as it includes all the text hyperlinks and a link back to the original source.
The information contained in this article is for information purposes only and does not constitute investment advice or a recommendation to buy or sell.
