Egon von Greyerz
Founder @ Matterhorn Asset Management & GoldSwitzerland
Egon von Greyerz – Founder and Managing Partner of Matterhorn Asset Management (MAM) and GoldSwitzerland based in Zurich. Egon forecasted the present problems in the world economy already in 2002 when he recommended to investors to allocate 50% of assets into physical gold (at $300) stored outside the banking system. Egon began as a banker in Geneva and was thereafter Finance Director and Vice-Chairman of a FTSE 100 company in the UK. He makes regular media appearances on CNBC, BBC and King World News and speaks at investment conferences around the world. MAM (founded in 1999), specialises in wealth preservation. GoldSwitzerland buys, sells, transfers and stores physical precious metals for private investors and institutions outside the banking system. His website is www.goldswitzerland.com.
Egon von Greyerz Articles
As we approach what usually should be a blissful holiday period, the treacherous path the world is now on does not bode well for 2025 and beyond. Two global crises will dominate the world for at least several years and possibly decades.
As Eastern and Southern Central Banks substantially increase their gold holdings, Western Central Banks will most probably have little physical gold in their coffers. Total global gold reserves allegedly held by central banks (37,000...
There is a fine line between happiness and misery, as Dickens describes in David Copperfield. Copperfield’s landlord, Mr Micawber, was just on the wrong side of happiness by six pence.
Unsustainable deficits and galloping debt levels, combined with a crumbling military, are the perfect recipe for the end of an Empire. And it is exactly the position that the US finds itself in.
It was always inevitable that the GOLD price would reach $ 1 million! So, now we are there. The price for a 400-ounce gold bar has now reached $ 1 million.
The last few weeks are pointing to clear directional markets in the coming weeks, months and probably years. Stocks have peaked. Gold and Silver have resumed a secular uptrend. (price targets later in the article). US 10-year Treasury...
What triggered the stock market falls this week. Why investors must not buy the dips in stocks. The dangers facing the world due to irresponsible deficit and debt creation. Warren Buffet’s clear warning signal. Why so few understand gold...
Global debt has already tripled this century, with the dollar and most currencies having lost 98.5% of their purchasing power since 1971.
With the collapse of the Western financial and political systems now happening before our eyes, wealth preservation takes on a totally different meaning.
At the end of a monetary era a number of dominoes will keep falling, initially gradually and then suddenly as Hemingway explained when asked how you go bankrupt.
