Egon von Greyerz & Grant Williams: The Importance of Wealth Preservation in Today's Economy
Gold Switzerland, Released on 3/29/23
Grant Williams interviews Egon von Greyerz about the importance of wealth preservation in today's economy, emphasizing that global debt has tripled in the last 20 years, increasing risk exponentially. Von Greyerz believes that gold is the best way to protect oneself against this risk, as it has helped people survive hyperinflation in the past. He warns against inflated property assets during times of rising interest rates and suggests that Central Banks may not be able to save investors this time. Von Greyerz also emphasizes that the value of money has decreased since 1970 and currencies will collapse due to increasing inflation and the printing of more money. He argues that anyone can preserve their wealth with gold and that it doesn't need to move in price to be an effective tool. The interview covers topics such as asset protection, gold investment, central banks, and inflation investment.
0:00 - 4:23: Wealth Preservation Introduction4:24 - 9:59: Rising Global Interest Rates10:00 - 13:30: Central Banks and Debt Resets13:31 - 17:59: Understanding Gold as a Solution18:00 - 19:19: Gold's Popularity Problem19:20 - 24:26: Gold is Eternal Money24:27 - End: Friends and Family are the Most Important Thing
Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on wealth preservation principles. MAM is part of the Aquila Group, Switzerland's largest independent asset management group. Von Greyerz makes regular media appearances on CNBC, BBC, etc. and publishes articles on the world economy and wealth preservation.
Grant Williams is the portfolio manager of the Vulpes Precious Metals Fund and strategy advisor to Vulpes Investment Management in Singapore. Grant has 28 years of experience in finance on the Asian, Australian, European and US markets and has held senior positions at several international investment houses, including Robert Fleming, UBS and Credit Suisse. Since 2009, he has also been writing the popular investment newsletter Things That Make You Go Hmmm...
Egon von Greyerz & Grant Williams: The Importance of Wealth Preservation in Today's Economy added by Herman James on 03/28/2023View all posts by Herman James ?+'