The Next Big Trade - Egon Von Greyerz Explains Why We Must Prepare for the Worst, Now More Than Ever
Real Vision: Finance & Investing
00:00
Is There a Drift Towards Gold in Central Reserves?
Gold is backing nothing, whatever formerly. And therefore you dobeleave the likelihood, of course, it can always be confiscated. I am not really infam of gold formally backing a currenty, because countries will always cheat. But i'd rather have free gold, free gold trading, without without a future's market that destroys,. i totally and where unlimited amounts can be sold in paper gold to keep the price up. That time will come. It's inevitable. Not for everybody, for the investment world as a whole, enoebe av i.
Play episode from 40:15
Transcript
