Gold Not Just for the Rich

Egon von Greyerz from Matterhorn Asset Management AG enables people to preserve their wealth by storing gold in Swiss underground vaults.  In this interview he explains the surge in new deposits this year and why gold is not just for the rich. 

• Fiat currencies have already lost 98% of their value since 1971.  It is now a race to the bottom of the last 2%.
• The more “helicopter money” printed the faster the end comes – inflation followed by hyperinflation.
  
• The USD will lead the way but all fiat currencies are in the same race.
• The outcome is inevitable – there is nothing the central banks can do about it.

New Zealand is a long way from Switzerland but as COVID-19 has shown we are subject to the same global events.  This is why RedPill money is designed as an insurance policy.  Like von Greyerz’s clients, RedPill understands that wealth preservation has to do with gold because gold has kept stable value for thousands of years.  The price of gold is not going up so much as fiat currencies are debasing. 

If you are one of the Kiwis that has not yet received their 10,000 RedPill free, no strings attached, you can do so from the website.  The resources section then shows how you can make yourself and your business “RedPill Ready”

For those of your who wish to simply sample some of the von Greyerz’s highlights:

2:22 the collapse of the financial system, the collapse of the currency system.

5.10 central banks are exacerbating the debt problem by printing more money – there is no way out.

7:00 and 35:45 we are in the exponential phase of money printing with “unlimited money”.
8:20 people will see the value of their currencies fall.

25:99 the risks are unknowable.  Embrace uncertainty.  Probabilities are unlikely to work because we are in unprecedented times.

26:30 gold is not just for the rich.

28.20 people in Venezuela could have saved themselves.

32:00 the US has had a budget deficit for 90 years.

35:00 US deficit currently $27 trillion.

RedPill - Kiwis creating their own insurance against troubled times.