Monday , 20 November 2017


von Greyerz: Events This Fall to Lead to 15 – 20% Interest Rates, Stock Market Collapse, Bonds Imploding & Gold Exploding! Here's Why

 

I believe that in the autumn of 2012 we are going to see…a series of negative events – failing economies, higher unemployment, more QE, and extraordinary levels of social unrest. When QE is announced, I see a temporary rally in stocks but at some point stocks will collapse. I’m not talking about mining stocks, but common stocks outside of the mining sector.

 So says Egon von Greyerz in edited excerpts from his most recent interview with King World News which is brought to you courtesy of Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds). This paragraph must be included in any article re-posting to avoid copyright infringement.

HAVE YOU SIGNED UP YET?
  • Go here to receive Your Daily Intelligence Report with links to the latest articles posted on munKNEE.com.
  • It’s FREE and includes an “easy unsubscribe feature” should you decide to do so at any time.
  • SAVE TIME searching for today’s best articles. They are all here!
  • All articles are also available on TWITTER and FACEBOOK

von Greyetz goes on to say, in part:

“All of the assets which have been inflated by the credit bubble will implode. This means tens of trillions of dollars of wealth will disappear out of the world economy. As an example, stocks still have to decline 90% vs gold….interest rates are headed to 15% to 20% in the next few years and bonds will absolutely implode so we are back to physical gold, which is the only investment that eliminates counterparty risks. We are talking here about physical gold held outside of the banking system.”

Editor’s Note: The above may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

Related Articles:

1. Update: 51 Analysts Now Maintain that Gold is Going to $5,500 – $6,500/ozt. in 2015!Gold_intro

 

 

Lately analyst after analyst (161 at last count) has been climbing on board the golden wagon with prognostications as to what the parabolic peak price for gold will eventually be. That being said, however, only 51 have been bold enough to include the year in which they think their peak price estimate will occur and they are listed below. Take a look at who is projecting what, by when and why. Words: 644

2. Harry Dent Sees Dow 3,000; Seth Masters Sees Dow 20,000! Who’s Most Likely Right?

Inflation_Deflation2

Harry Dent, the financial newsletter writer and CEO of economic forecasting firm HS Dent, has one of the most bearish calls on stocks we’ve heard in a while. Appearing on CNBC yesterday, Dent explained the demographics-driven thesis behind his Dow 3000 call.

3. S&P 500′s Performance Will Determine If, and When, We Have QE3 – Here’s Why

840489

If you are angry about LIBOR – angry that 18 banks can set one of the world’s most important interest rates in such a poorly supervised, ill-understood manner – you should be even angrier that just 12 people sitting in a room can set the world’s single most important interest rate to suit the needs of the stock market, all under the pretence of controlling inflation? Let me explain. Words: 810

4. Marc Faber: We Could Have a Crash Like in 1987 This Fall! Here’s Why

Investing2

Marc Faber has stated in an interview* on Bloomberg Television that “I think the market will have difficulties to move up strongly unless we have a massive QE3 (something Faber thinks would “definitely occur” if the S&P 500 dropped another 100 to 150 points. If it bounces back to 1,400, he said, the Fed will probably wait to see how the economy develops)….. If the market makes a new high, it will be with very few stocks pushing up and the majority of stocks having already rolled over….If it moves and makes a high above 1,422, the second half of the year could witness a crash, like in 1987.” Words: 708