GoldSeek Radio Nugget -- Egon von Greyerz: Bullion allocation ratio of 80% gold and 20% silver

1 year ago
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Egon von Greyerz, Founder of Gold Switzerland says its time for investors to batten down the hatches; unlike the years 2000 and 2008 financial fiascos, 2022 could rival both in risk and volatility.
Gold, silver and mining shares are "incredible values... potentially moving up by multiples."
Egon notes that central bank monetary-schemes disrupt Adam Smith's invisible-hand, leading to increased uncertainty, the antithesis of their stated purpose.
Amid record monetary expansion in the wake of the 2019 pandemic, the near zero-money mechanism is unwinding via rate hikes by the FOMC and their cohorts; the resulting deleveraging will exacerbate the fiasco.
Key takeaway: Amid unparalleled paper-money printing and eroding purchasing power, wealth preservation requires a bullion allocation ratio of 80% gold and 20% silver.

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