In this discussion between&nbsp;<a href="https://goldswitzerland.com/why-mam/team/">Egon von Greyerz</a>&nbsp;and Alasdair Macleod, on the state of the current banking system and the importance of gold, the speakers express concerns about the system’s eventual collapse due to the excessive creation of “funny money.”

They suggest that gold is the only currency to have survived throughout history and is thus essential for long-term wealth preservation.

Egon and Alasdair also discuss the role of gold in the currency crisis and predict an eventual panic into gold.

Moreover, they stress that the value of gold should not be measured in worthless, fiat money and that higher gold prices are necessary to meet future demand.

Finally, they caution against wishing for the gold price to go up, as it would decrease the quality of life.

Watch the full interview below:

...gold is the only currency to have survived throughout history and is thus essential for long-term wealth preservation.
{ai:summary}In a discussion on the importance of gold, Egon von Greyerz and Alasdair Macleod express concern for the eventual collapse of the banking system due to the excessive creation of “funny money.” They stress that gold is the only currency to have survived throughout history and caution against wishing for the gold price to go up. The speakers predict an eventual panic into gold and stress the importance of higher gold prices to meet future demand. #economyEgon von Greyerz and Alasdair Macleod discuss the role of gold as essential for long-term wealth preservation and in the currency crisis. They stress that the value of gold should not be measured in fiat money. The speakers also discuss current events such as derivatives, property rights, and the influx of wealth preservation. Watch the full interview for more information. #economy

Von Greyerz & Macleod: Insights On The Rotten State Of The Banking System

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