Gold Reflects the Destruction of Paper Money!

[youtube=https://www.youtube.com/watch?v=fi0VaR_ER68]

• Gold Reflects the Destruction of Paper Money! 
  by http://goldswitzerland.com/ 
  On the final day of the year we are publishing the interview that Lars Schall has just conducted with me in Zurich.
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  We cover a wide range of important areas which include the coming failure of the gold paper market, the importance of owning physical gold as insurance against a failure of the financial system and to protect against counterparty risk.
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  The risks are considerably higher now than they were in 2008. The likely consequences will not just be a repeat of that crisis but the end of a major era. So this time, the world cannot print itself out of trouble and instead we are likely to see “The Dark Years are here” an article which I wrote a few years ago and which Lars asks me about.
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  We also discuss the gold price and if I am worried about the current pressure that gold is under as well as the destruction of the currency system within 5 years from now.
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  The future for our children and grandchildren is likely to be a lot more difficult than ours. But the world has been through these periods before and survived. So as I say in the interview, people should prepare themselves to the best of their ability and then just continue to enjoy life.
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  Finally, I wish everyone a healthy 2014 – it will definitively be eventful.
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  Egon von Greyerz:
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  “Gold reflects the destruction of paper money”

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