by Chris Powell, GATA:
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz tonight tells King World News that hyperinflation has begun to take hold in especially troubled nations and will take hold in Europe and the United States as Western central banks resort to negative interest rates to support asset prices.
Von Greyerz also predicts that market forces will overwhelm manipulation of markets by governments. “Over time,” he says, “markets are bigger than any government or group of governments.”
Your secretary/treasurer hopes so but isn’t sure of that.
For markets are certainly not bigger than totalitarian governments that are ready to suppress them by force, as the Nazi regime in Germany did as World War II went against it in early 1943. As is recounted in the history of the Berlin Boerse —
Please follow SGT Report on Twitter & help share the message.