Egon von Greyerz: Own Physical Gold Outside The Banking System!

[youtube=http://www.youtube.com/watch?v=w4orbhaCXKE]

• YouTube:
  Egon von Greyerz, of Matterhorn Asset Management, and James Turk, Director of the GoldMoney Foundation, talk about the state of the global economy and gold’s status as a safe haven. They discuss S&P’s recent downgrade of US debt and also talk about the situation in the UK and in Switzerland.
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  They discuss the Swiss franc and how its appreciation hurts the Swiss economy in the short term, however they make the point that strong currencies are always better for long-term growth and economic stability. James and Egon emphasise the importance of owning allocated physical gold outside the banking system.
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  This interview was recorded on August 6 2011 in London.

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