Egon von Greyerz sits down with Wall Street Silver to remind us that all false and corrupt systems implode. In the face of rising yields, the big banks will have no choice but to do what they always do, namely –more “faking it.” Of course, more money creation is just a masked form of bankruptcy in which default is “avoided” at the expense of the underlying currencies. The outcome is painfully predictable. Luckily, investors have historically-proven insurance in the form of gold and silver. Read more…
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