Economic Thoughts From Egon Von Greyerz and Chris Vermeulen 2-25-2023
Egon Von Greyerz: Can We Avoid WW3 In The Coming Global Economic Collapse?
Good as Gold Australia: 2-25-2023
In this latest in-depth discussion, Darryl and Brian Panes from As Good As Gold Australia interview the legendary, Egon Von Greyerz - Founder and Managing Director of Matterhorn Asset Management.
There has been in excess of 3,800 fiat currencies over the last 5000 years that have all gone to zero. Will the US dollar be next?
And how does the US let go of its dominance? And how does the world go from a fiat currency to a gold standard without a war taking place?
Major changes are inevitable, as bankrupt governments plan to introduce new draconian laws including the restructuring of policies to gain greater control over super and pension plans, and increasing tax rates - all part of the plan to maintain greater control over our economic future.
Recently, at the Vancouver Resource Investment Conference, a Mr. Chen Lin gave a speech on where he thinks silver and solar panels growth will be. Presently, the new solar panels are using 75% more silver to have greater efficiency.
Is silver going to be the next Lithium and when will we see triple digit silver?
The Russian Finance Ministries "National Wealth Fund", published on February 10th, stated that the fund will only hold Chinese Yuan, physical Gold, and Rubels.
There will be no US dollars, Euros, or any other currencies in the fund.
The ratio will consist of 60% Yuan and 40% Gold, confirming the De-Dollarisation Policy is playing out. Gold is now starting to be used as money, especially between Russia and China. Who's next?
Central Banks bought 1,135 tonnes in 2024, representing 1/3 of all the gold mined in one year. Jim Sinclair has emphasised "Become your own central bank".
Now more than ever, it is vital to own both gold and silver in its physical form.
People Don't Understand How Bad It Could Get | Chris Vermeulen
Liberty and Finance: 2-24-2023
We're heading toward a severe stock market crash, says Chris Vermeulen, founder of The Technical Traders.
He sees that the stock market has been in a complacency period and a panic sell-off is ahead.
Gold and silver could fall significantly in the short-term while there is a stock market crash.
However, he is bullish for the long-term. Whether people will be able to acquire physical metal at those discounted prices is uncertain, he says.
INTERVIEW TIMELINE:
0:00 Intro
1:38 Stock market crash
8:35 Dollar rally
12:50 Gold & silver
16:10 Timing
17:39 Physical metal
19:40 Preparedness