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When government debt is worthless, gold and silver are supreme, von Greyerz says

Section: Daily Dispatches

7:30p ET Sunday, July 10, 2016

Dear Friend of GATA and Gold:

Governments, Swiss gold fund manager Egon von Greyerz tells King World News today, will never repay their ever-increasing debt. Indeed, he adds, they can't afford to pay even interest on that debt, which explains the rising amount of negative-interest government bonds. In such a world, von Greyerz concludes, the only safe money is gold and silver. An excerpt from the interview is posted at KWN here:

http://kingworldnews.com/danger-the-world-is-now-on-the-verge-of-the-lar...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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By Tommy Humphreys
CEO.ca

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