Fed Has Lost Control; Weight of Debt Will Cause Bonds to Crash, Gold to Soar | Egon von Greyerz
- Stansberry Research
The Federal Reserve is always behind the curve and they cannot afford to tighten in this environment, claims Egon von Greyerz, Founder and Managing Partner of Matterhorn Asset Management. Stock markets are not reflecting the world economy, he told our Daniela Cambone, with liquidity being pumped in. Von Greyerz believes there’s a short-term high risk that investors are not confronting, and is staying firm with his position on gold. He says silver can outperform gold in the coming months, but must deal with a more volatile nature. “When risk is unacceptable, I’d rather protect that risk,” von Greyerz says.