Egon von Greyerz at KWN: Terror of 2008 will return but much worse
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz, writing for King World News, says the next world financial crisis will make 2008's look small as governments and central banks create and throw around trillions of dollars and other currencies to save the banking system against its exposure to derivatives. Having a certain monetary asset in one's portfolio and storing it outside the banking system will be essential to survival, von Greyerz writes. His commentary is headlined "The Terror of 2008 Is about to Come Back with a Vengeance" and it's posted at KWN here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.