Thursday, November 26, 2020

Tag: TAKE COLLATERAL IN PHYSICAL GOLD IF YOU LEND MONEY TO YOUR BANK

TAKE COLLATERAL IN PHYSICAL GOLD IF YOU LEND MONEY TO YOUR BANK

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by Egon Von Greyerz, Gold Switzerland:

Will this be the Fall of Falls. 10 years after the Lehman collapse, will we again have an Autumn of Shocks in financial markets? The odds are very high!

Overstretched stock markets look extremely vulnerable including 13 recent Hindenburg Omens for the US market. The Dollar could soon be on its final leg to oblivion and US Treasury Bonds on the verge of a major fall that will eventually lead to hyperinflationary yields like Argentina and Turkey in the 20%+ region.