Greyerz – Global Financial System Unlikely To Survive, But Own Gold, Not Cryptos Or ETFs

Sunday, September 29, 2019
By Paul Martin
September 29, 2019

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 and metals just warned investors that they must own gold as the global financial system unwinds because cryptocurrencies and ETFs are dangerous.

This Would Have Been Unthinkable
September 28 (King World News) – Egon von Greyerz: “There is something vaguely troubling when the unthinkable becomes routine.” This is what Claudio Borio of the BIS (Bank for International Settlement) commented on the $17 trillion of debt with negative interest. He went on to say: “Even at the height of the Great Financial Crisis this would have been unthinkable.”

But this is where the world is today, unthinkable debt, unthinkable markets, unthinkable risk and unthinkable leaders who have totally lost control and by their actions are increasing risk exponentially. Yes, I am of course totally aware of the theory that this is all part of a plot by the globalists to take control of the world. Chaos is one way of achieving control, but the risk is that if the plot fails, we will see a total collapse of the financial system and uncontrollable chaos. In my view, this is the more likely scenario…

The Rest…HERE

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