from KingWorldNews:
Today
Egon von Greyerz told King World News that within months, as more fires
start to burn in the financial system, the world will see a massive and
stunning coordinated global rescue package and one of the greatest
short squeezes in history. Greyerz also said all of the major countries
will participate. Below is what Greyerz, who is founder of Matterhorn
Asset Management out of Switzerland, had to say in this tremendous
interview.
Greyerz: “Eric, this is a time when investors should really be concerned, and not because of the current correction in the gold price. What we are facing is an unprecedented situation with most sovereign states being bankrupt, and the banking system also being bankrupt.
But at the same time stock markets are at a high, and so many investors are happy. They are being led into having a false sense of security because they don’t understand that it’s the printed money that’s creating another asset bubble in the stock market.”
Egon von Greyerz continues @ KingWorldNews.com
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Greyerz: “Eric, this is a time when investors should really be concerned, and not because of the current correction in the gold price. What we are facing is an unprecedented situation with most sovereign states being bankrupt, and the banking system also being bankrupt.
But at the same time stock markets are at a high, and so many investors are happy. They are being led into having a false sense of security because they don’t understand that it’s the printed money that’s creating another asset bubble in the stock market.”
Egon von Greyerz continues @ KingWorldNews.com
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