The majority of Americans never traveled abroad; they don't have a passport either. They don't see what's happened to their money. They don't realize that the value of their money is plunging at such a rapid rate.
Showing posts with label people - Von Greyerz; Egon. Show all posts
Showing posts with label people - Von Greyerz; Egon. Show all posts
Jan 21, 2022
Egon von Greyerz on the dollar's declining value
Egon von Greyerz: "preserving wealth by going into bonds is like committing suicide"
The conventional way of preserving wealth by going to bonds - I mean that's absolutely ludicrous. People doing that is like committing suicide.
~ Egon von Greyerz, founder, Matterhorn Asset Management AG, interview with Dan Ferris, Stansberry Investor Hour, 16:00 mark, January 20, 2022
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