Saturday, August 11, 2012

Greyerz – We Are Headed Right Into A Global Financial Crash

from KingWorldNews:

Today Egon von Greyerz told King World News, “Wealth has never been created by printing money, and this time, like it has before, it will lead to a financial crash.” Greyerz, who is founder and managing partner at Matterhorn Asset Management out of Switzerland, also said, “This time the financial crash will be of a worldwide magnitude.”

Here is what Greyerz had to say: “The die is already cast for the world’s current situation. It was cast many years ago and it is irreversible. This is exactly why investors need to take a look at the big picture and protect their wealth. But focusing on the short-term for a moment, markets look poised for a big move over the next few months here.”

Egon von Greyerz continues @ KingWorldNews.com

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