Von Greyerz & Macleod: Insights on the Rotten State of the Banking System
By Egon von Greyerz
In this discussion between Egon von Greyerz and Alasdair Macleod, on the state of the current banking system and the importance of gold, the speakers express concerns about the system's eventual collapse due to the excessive creation of "funny money." They suggest that gold is the only currency to have survived throughout history and is thus essential for long-term wealth preservation.
Egon and Alasdair also discuss the role of gold in the currency crisis and predict an eventual panic into gold. Moreover, they stress that the value of gold should not be measured in worthless, fiat money and that higher gold prices are necessary to meet future demand. Finally, they caution against wishing for the gold price to go up, as it would decrease the quality of life.
Matterhorn Asset Management's commitment to wealth preservation involves 100% direct client ownership of the highest quality precious metals, refined in Switzerland and stored in the world’s most secure private vaults. Our experienced executive team assists clients in every step of the process of storing gold and silver to insure their wealth against global economic risk.
About Matterhorn Asset Management
Our global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 80 countries.
