Greyerz – The Trade Of The Century And Why The Public’s Money In Banks Will Be Incinerated
KingWorldNews.com
November 26, 2017
With continued uncertainty around the globe, today the man who has become legendary for his predictions on QE, historic moves in currencies, warned money in banks will be incinerated and also discussed the trade of the century.
Money In Banks Will Be Incinerated
November 27 (King World News) – Egon von Greyerz: “Unfortunately the world has reached the point where the future will be a global bust and collapse. During the 2006-2009 financial crisis, a collapse of the global financial system was avoided by massive money printing, central bank guarantees, allowing banks to value assets at cost, rather than market, and a panic lowering of interest rates from as high as 6% in the US to zero or even negative in some cases.
The Rest…HERE
