This week on Stansberry Investor Hour, Dan Ferris sits down with Egon von Greyerz, Founder and Managing Partner of Matterhorn Asset Management AG. Egon, whose company specializes in wealth preservation, has been a gold bug for decades. He and Dan talk about how gold is the No. 1 hedge against inflation and market chaos.

Egon says “gold is the best instrument you could ever buy to ensure your wealth.” And holding gold will protect you from the coming consequences of our current massive market bubble... created and fueled by the Federal Reserve’s unlimited money printing and our highest inflation rate in decades.

Unfortunately, Egon predicts that the impending “wealth destruction will be massive.” And the folks who think the Fed is going to swoop in and save the system again this next crash are wrong... Egon says that there are “tough times ahead,” but this makes wealth preservation, which includes holding gold, even more crucial. 

Dan and Egon also discuss bitcoin, as many have asked if gold will be replaced by the popular cryptocurrency. Egon is confident that will never happen, and makes the bold prediction that “bitcoin won’t still be around in 50 years.” He goes on to say that bitcoin “will always be a fringe investment”... and that “it’s not real money.”

Lastly, Dan asks every guest the same last question: “If you can leave our listeners with only one last thought, what would it be?” And Egon’s answer won’t disappoint... Dan says his response is one of the best he’s ever heard.

Listen to this episode for even more fascinating conversations about gold and our economy, plus check out Dan’s rant on exactly who’s in charge of the stock market…