EvG on CNBC Squawk Box Europe

Matterhorn AM

CNBC Squawk Box Europe interview with Egon von Greyerz

Matterhorn AM

The Sovereign Debt Disaster

Wherever we look at the world economy today, we see a wall of risk…and potential financial catastrophe. We see a large number of virtually bankrupt major sovereign states (US, UK, Spain, Italy, Greece, Japan and many more) teetering atop a financial system that is bankrupt, but is temporarily kept alive with phony valuations and unlimited money printing. Increasingly, therefore, investors will want to exchange this funny money for gold.

[Read more...]