Financial crisis

The level of government debt around the world has ballooned since the financial crisis, reaching levels never seen before during peacetime.

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.

Silver is probably one of the most undervalued investments that you can buy today. It represents less than 0.1% of global financial assets. This investment has a potential upside of 36x or 3,500%.

Precious metals are set to rise much higher, but after the sharp rise in recent months, a correction is needed and probably imminent.

In this interview, Brian & Darryl Panes from As Good As Gold Australia speak with Egon von Greyerz who confirms the world is running on empty. Governments and Central Banks are panicking, having used up all their arsenal – massive money printing and hyperinflation lies ahead.

Expressed in euros, the price of an ounce of gold surpassed its historic record from October 4, 2012 (€ 1380). We are in Europe: prices, our salaries and our savings are denominated in euros, so it is the price of gold in euros that must be taken into account. So how do you explain this gold fever?

The world is now standing before a seminal moment and virtually nobody can see it. There has not been a more critical moment in the last 50 years than what we are now facing.

In this interview Max Keiser and Egon von Greyerz discuss the enormous pressures in the financial system and the coming stampede into gold.

Bonds cost money to hold, currencies are soon worth nothing and gold will reach at least $7,000 before it reaches $700.

In my recent articles I have stressed the urgency of getting out of bubble assets like stocks and bonds and to own physical metals. I see the next phase in markets starting very soon, whether that is in a few days or a few weeks. Next phase means stock market crash and precious metals surge.