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Egon von Greyerz - Compared to Gold Assets Will Fall 95%
65,052 views•Sep 24, 2019
Greg Hunter
228K subscribers

Financial and precious metals expert Egon von Greyerz (EvG) predicts,
“All of these bubble assets that are based on just credit and credit
expansion are going to implode measured in real terms, measured in
gold.
I expect the stock market and the property market to lose
at least 95% or more in real terms. . . .
The next up cycle for gold (and silver) has started.
The next phase of this market has started, and it is going to go on
for a long, long time.
It is going to go to levels that will be hard to believe today. . . .
The world cannot have solid growth until this debt has imploded . . .
the transition will be terrible, but I don’t see any other solution
to this. . . .
The debt can only be wiped out by also wiping out all the asset values.
You can’t just make the debt disappear and have the assets stand there
at the values that they are today. . . .
When this debt is written off or implodes, or whatever they want to
call it, that means all these assets are going to go down.
That’s why I am saying it is going to go down 95% against gold.
There is absolutely no other way, in my view.”

Join Greg Hunter as he goes One-on-One with Egon von Greyerz,
founder of Matterhorn Asset Management, which can be found on
www.GoldSwitzerland.com


https://www.youtube.com/watch?v=vKvsqPOOX7M

https://www.youtube.com/watch?v=UPokXy_6H6I


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Ps.
opinion appreciated
TIA