Strong Autumn Rally In Silver And Gold Prices
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In this interview I discuss with Jochen Staiger of Commodity TV the massive energy accumulated in gold and silver over the last six years. Once this force unravels, it will lead to the next explosive move higher.
On how to time the move, Egon commented: Based on the broken Maginot line, at $1,350, a huge rally will unfold this autumn, and simultaneously a major stock market fall.
Also:
Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Zurich, Switzerland
Phone: +41 44 213 62 45
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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.
