Egon von Greyerz predicts an economic destruction of markets and asset values and a major wealth transfer and tell's The Capital Network's Executive Director Lelde Smits who stands to loose and gain the most. Egon von Greyerz specialises in wealth management and wealth preservation for high net worth individuals. He's the founder and managing director of Matterhorn Asset Management, a Swiss company that allows individuals to store their wealth in physical gold and silver.
In the interview Lelde asks Egon about his gloomy predictions, stating recently that, "The world needs a forest fire" and that there will be "massive suffering to bring about a sound financial system". Egon says, "This is the punishment that the world must go through. Many will suffer and many will die prematurely as a result of poverty, famine, disease, and wars. The scale of this devastation will be multiples of the Coronavirus."
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.