Greek bailout will crash, gold ‘correction’ is over anyway, von Greyerz says

Submitted by cpowell on 09:56AM ET Thursday, March 8, 2012. Section: Daily Dispatches
12:52p ET Thursday, March 8, 2012
Dear Friend of GATA and Gold:
Fund manager Egon von Greyerz tells King World News today that the perpetually imminent bailout for Greece will collapse eventually and require trillions more in euro money printing to insulate banks against all unpayable European debt. He expects hyperinflation as a result and in any case thinks the “correction” in gold and silver is over.

via GATA

Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: