Greyerz Just Warned Government Confiscation Is Alive And Well

Monday, November 12, 2018
By Paul Martin
November 11, 2018

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 just warned King World News that government confiscation is alive and well.

Government Confiscation Is Alive & Well
November 12 (King World News) – Egon von Greyerz: Owning gold is life insurance and wealth preservation. Anyone who has lived through hyperinflationary periods in the Weimar Republic, Zimbabwe, Argentina or Venezuela understands the importance of gold. But it is not enough just to own gold or silver. It is also extremely important how you hold it and where you hold it. We have just seen another example how governments unilaterally “confiscate” gold…

Egon von Greyerz continues: “The Venezuelan government gold held at the Bank of England (BoE) is just the latest example of the importance of choosing the right jurisdiction and the right vaults. Venezuela is holding 14 tonnes of gold with the BoE in London, worth $545 million.

The Rest…HERE

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