2013 - Financial Destruction & How Gold & Silver Will Perform
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December 28, 2012 - 1:18pm
Today Egon von Greyerz spoke with King World News about the financial destruction that investors will witness in 2013 and in coming years, and how gold and silver will fare in this incredibly volatile environment. Here is what Greyerz, who is founder of Matterhorn Asset Management in Switzerland, had this to say: “Eric, 2012 was a tough year for some investors since gold has not really done much in dollar terms. Gold is also only up a bit in other currencies, and silver has done slightly better, being up around 7% in dollar terms, and a little better in euros.”
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