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« "Inflation Will Run Amok", DiMartino Booth Says "Gold Is The Ultimate Hiding Place" | Main | $174,000 per Ounce Gold Not Funny–Scary – Jim Sinclair & Bill Holter »
Tuesday
Aug282018

Greyerz – The Price Of Gold Is About To Skyrocket As We Enter The “Dark Years


As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that the price of gold is about to skyrocket as we enter the “Dark Years.”

A World Living On Borrowed Time
August 26 (King World News) – 
Egon von Greyerz:  “This is it! The autumn of 2018 will be momentous in the world economy, markets and politics. We are now seeing the ‘Last Hurrah’ for stocks, bonds, the dollar and most asset markets. 

The world economy has been living on borrowed time since the 2006-9 crisis. The financial system should have collapsed at that time. But the massive life support that central banks orchestrated managed to keep the dying patient alive for another decade. Lowering interest rates to zero or negative and printing enough money to double global debt seems to have solved the problem. But rather than saving the world from an economic collapse, the growth of debt and asset bubbles have created a system with exponentially higher risk…

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