Bankrupt Nations Desperate to Save the Financial System

Fund manager Egon von Greyerz today tells King World News that money printing to save the developed world’s economies has barely begun, that gold seems to have bottomed, that a major move is coming, and that the paper gold market will disappear over the next few years as people realize that it can’t be trusted. An excerpt from the interview is posted at the King World News blog here:  Money printing to save the developed world’s economies has barely begun

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  1. #1 by Michael E Picray on May 2, 2012 - 1:47 pm

    For some time, the only question in my mind has been will the inflation/hyper-inflation (radical money printing) follow the Brazillian model, or the pre&post WWI German/Zimbabwe model.

    (If you’re unfamiliar with German hyper-inflation history, and what has been happening and is about to happen in the USA, go here: http://www.usagold.com/germannightmare.html )

    I disagree with those who say the crisis began with the collapse of the US housing bubble. It began waaaay before that… if anyone’s interested in that, let me know and I’ll expand my comment.

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