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http://www.brotherjohnf.com/greyerz-unfolding-right-now-unimaginable/ – Greyerz – What Is Unfolding Right Now Is Unimaginable. —
kingworldnews.com / May 23, 2017
As we continue the third week of trading in May, today the man who has become legendary for his predictions on QE, historic moves in currencies, spoke with King World News about when all hell is going to break loose.
Egon von Greyerz: “Since the 2011 tops in gold and silver, precious metals investors have had their patience severely tested. Six years later, silver is down 66% from the $50 peak and gold 35% off the $1,920 peak. But we mustn’t forget that these metals started this century at $280 and $5 respectively. Having said that, it is no consolation for the investors who got in near the highs. The best time to buy an asset is when it is unloved and undervalued like gold and silver were in the early 2000s. What few investors realize is that the current levels of gold and silver, when real inflation is taken into account, are very similar to where the metals were in 2000-2. Thus, gold at $1,255 and silver at $17 is an absolute bargain and unlikely to remain at these levels for long…
Continue reading the Egon von Greyerz interview below…
The post Greyerz – What Is Unfolding Right Now Is Unimaginable appeared first on Silver For The People.
–(Published @ May 23, 2017 at 06:40PM by www.bitcoins.am™ Instant Real-time Bitcoin News Aggregation Source- From: ) #bitcoinnews
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